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Trinidad and Tobago's foreign currency use via credit cards surged, raising economic concerns.
Trinidad and Tobago's credit card foreign exchange sales tripled from $765.5 million in 2015 to $2.31 billion in 2024, becoming the largest user of foreign currency.
The Central Bank warns against unauthorized foreign exchange dealings and suggests raising interest rates to address the forex shortage.
The governor also speaks about adjusting consumption patterns and the impact of geopolitical events on the economy.
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El uso de moneda extranjera de Trinidad y Tobago a través de tarjetas de crédito se disparó, lo que planteó preocupaciones económicas.