Money in Trinidad and Tobago
Trinidad and Tobago - MoneyThe economic performance in the second and third quarters was likely buttressed by the hydrocarbon sector, thanks both to higher oil prices and an uptick in natural gas output on the back of BP’s Juniper project. These developments buoyed the fiscal position, helping the deficit narrow markedly through June, with the positive effects set to continue in H2. On the other hand, oil-sector activity will likely soften somewhat in Q4 as state-run company Petrotrin halted its oil refining operations in October while the company is restructuring, with the indefinite closing of the island’s only refinery scheduled for 30 November.
Trinidad & Tobago - Money Data
|Money (annual variation in %)||8.8||13.1||-1.4||3.2||-2.1|
5 years of economic forecasts for more than 30 economic indicators.
Trinidad & Tobago Facts
|Exchange Rate||6.74||0.39 %||Dec 11|
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