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flag Trinidad and Tobago's foreign currency use via credit cards surged, raising economic concerns.

flag 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. flag The Central Bank warns against unauthorized foreign exchange dealings and suggests raising interest rates to address the forex shortage. flag The governor also speaks about adjusting consumption patterns and the impact of geopolitical events on the economy.

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