caribbean newsletter

ECCU stock of international reserves jump 12.1%: CARICOM BUSINESS

The Eastern Caribbean Central Bank (ECCB) says monetary conditions within the Eastern Caribbean Currency Union (ECCU), “remain accommodative”. “Monetary and credit conditions improved during the first half of 2022, with growth in private sector credit being positive,” the ECCB said, noting that the ECCU’s stock of international reserves expanded to a level 12.1% higher than pre-pandemic levels. At the end…