Exchange Rate in Trinidad and Tobago
Trinidad and Tobago - Exchange RateEconomic activity was likely sluggish in the second quarter, following what should have been a healthy rebound in the first quarter. LNG and natural gas production declined sharply year-on-year in Q2, weighing on activity, while annual cement sales fell over the same period, indicating softer construction activity and weakness in the non-energy sector. That said, in Q2 private sector credit growth was solid at 3.8%, which should have supported domestic demand, while visitor arrivals also rose year-on-year. Turning to the third quarter, early signs are more positive. In July, annual LNG output rebounded robustly, while total vehicle sales surged, boding well for private spending. Moreover, Carifesta 2019, a 10-day arts festival in August, should have provide a one-time boost to tourism.
Trinidad & Tobago - Exchange Rate Data
|Exchange Rate (vs USD)||6.41||6.37||6.42||6.71||6.77|
5 years of economic forecasts for more than 30 economic indicators.
Trinidad & Tobago Facts
|Exchange Rate||6.78||0.39 %||Sep 04|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.