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The Eastern Caribbean dollar is the currency of all seven full members and one associate member of the Organisation of Eastern Caribbean States (OECS). The successor to the British West Indies dollar, it has existed since 1965, and it is normally abbreviated with the dollar sign $ or, alternatively, EC$ to distinguish it from other dollar-denominated currencies. The EC$ is subdivided into 100 cents. It has been pegged to the United States dollar since 7 July 1976, at the exchange rate of US$1 = EC$2.70.
Nicaragua pursues an independent foreign policy. A participant of the Central American Security Commission, Nicaragua also has taken a leading role in pressing for regional demilitarization and peaceful settlement of disputes within states in the region.
Once a single-crop agricultural economy, Saint Lucia has shifted to a tourism and banking serviced-based economy. Tourism, the island's biggest industry and main source of jobs, income and foreign exchange, accounts for 65% of its GDP. Agriculture, which was once the biggest industry, now contributes to less than 3% of GDP, but still accounts for 20% of jobs. The banana industry is now on a decline due to strong competition from low-cost Latin American producers and reduced European trade preferences, but the government has helped revitalize the industry, with 13,734 tonnes exported in 2018. Agricultural crops grown for export are bananas, mangoes, and avocados. The island is considered to have the most diverse and well-developed manufacturing industry in the eastern Caribbean.
Saint Vincent and the Grenadines is an island country in the eastern Caribbean. It is located in the southeast Windward Islands of the Lesser Antilles, which lie in the West Indies, at the southern end of the eastern border of the Caribbean Sea, where the latter meets the Atlantic Ocean.
Hurricane Mitch was the second-deadliest Atlantic hurricane on record. Mitch caused 11,374 fatalities in Central America in 1998, including approximately 7,000 in Honduras and 3,800 in Nicaragua due to cataclysmic flooding from the slow motion of the storm. It was the deadliest hurricane in Central American history, surpassing Hurricane Fifi–Orlene, which killed slightly fewer people in that area in 1974. Mitch was the deadliest Atlantic hurricane in the satellite era, and the second-deadliest on record in the Atlantic, only behind the Great Hurricane of 1780 which killed at least 22,000 people.
Saba is a Caribbean island and the smallest special municipality of the Netherlands. It consists largely of the active volcano Mount Scenery, which at 887 metres (2,910 ft) is the highest point of the entire Kingdom of the Netherlands. The island lies in the northern Leeward Islands portion of the West Indies, southeast of the Virgin Islands. Together with Bonaire and Sint Eustatius it forms the BES islands, also known as the Caribbean Netherlands.
The Eastern Caribbean Central Bank (ECCB) is a supranational central bank that serves Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines, all members of the Organisation of Eastern Caribbean States (OECS) that use the ECCB-issued Eastern Caribbean Dollar as their currency. The ECCB was established in 1983, succeeding the British Caribbean Currency Board (1950–1965) and the Eastern Caribbean Currency Authority (1965–1983). It is also in charge of bank supervision within its geographical remit.
The Islamic Development Bank is a multilateral development finance institution that is focused on Islamic finance for infrastructure development and located in Jeddah, Saudi Arabia. There are 57 shareholding member states with the largest single shareholder being Saudi Arabia.
The Organisation of Eastern Caribbean States is an inter-governmental organisation dedicated to economic harmonisation and integration, protection of human and legal rights, and the encouragement of good governance between countries and territories in the Eastern Caribbean. It also performs the role of spreading responsibility and liability in the event of natural disaster.
The Trinidad and Tobago dollar is the currency of Trinidad and Tobago. It is normally abbreviated with the dollar sign $, or alternatively TT$ to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. Cents are abbreviated with the cent sign ¢, or TT¢ to distinguish from other currencies that use cents. Its predecessor currencies are the Trinidadian dollar and the Tobagonian dollar.
Polymer banknotes are banknotes made from a synthetic polymer such as biaxially oriented polypropylene (BOPP). Such notes incorporate many security features not available in paper banknotes, including the use of metameric inks. Polymer banknotes last significantly longer than paper notes, causing a decrease in environmental impact and a reduced cost of production and replacement. Modern polymer banknotes were first developed by the Reserve Bank of Australia (RBA), Commonwealth Scientific and Industrial Research Organisation (CSIRO) and The University of Melbourne. They were first issued as currency in Australia during 1988 ; by 1996, the Australian dollar was switched completely to polymer banknotes. Romania was the first country in Europe to issue a plastic note in 1999 and became the third country after Australia and New Zealand to fully convert to polymer by 2003.
The Central Bank of Barbados (CBB) is the national monetary authority and central bank responsible for providing advice to the Government of Barbados on banking and other financial and monetary matters. The Central Bank of Barbados, was established by Act of parliament on 2 May 1972. Prior to the establishment of CBB, Barbados' monetary policies were governed through its membership in the Eastern Caribbean Currency Authority (ECCA). The Central Bank operates as the banknote issuing authority for Barbadian currency.
The Czech Republic is bound to adopt the euro in the future and to join the eurozone once it has satisfied the euro convergence criteria by the Treaty of Accession since it joined the European Union (EU) in 2004. The Czech Republic is therefore a candidate for the enlargement of the eurozone and it uses the Czech koruna as its currency, regulated by the Czech National Bank, a member of the European System of Central Banks, and does not participate in European Exchange Rate Mechanism II.
The Bank of Guyana (BoG) is the central bank of Guyana. It was established in 1965 in advance of the country's independence in 1966. Dr. Gobind Ganga has been the governor of BoG since December 2014.
First Bank and Trust Arena is a 5,500-seat multi-purpose arena in Brookings, South Dakota. It was built on the east side of campus in 1973 and is home to the South Dakota State University Jackrabbits men's and women's basketball, volleyball, and wrestling teams, replacing the Gymnasium-Armory, built in 1918 and nicknamed "The Barn," which still resides on the westside of campus. First Bank and Trust Arena was formerly known as Frost Arena, which was named after former SDSU basketball coach Reuben B. "Jack" Frost.
The Hugh Wooding Law School (HWLS) is a law school in Trinidad and Tobago.
Sir Kenneth Dwight Vincent Venner, KBE, SLC was the Governor of the Eastern Caribbean Central Bank, a position he held from December 1989 to November 2015. Prior to that, he served as the Director of Finance and Planning in the St Lucian Government between November 1981 and November 1989.
The Ministry of Finance is a government ministry of Grenada responsible for the management of public finances, economic planning and budgeting.
References
- ↑ "Home | Eastern Caribbean Central Bank". www.eccb-centralbank.org. Retrieved 2020-06-24.
- ↑ "About Sir Cecil Jacobs". Eastern Caribbean Central Bank. Eastern Caribbean Central Bank. Archived from the original on 2024-05-27. Retrieved 2024-04-29.
- ↑ "Former Governors and Deputy Governors". Eastern Caribbean Central Bank. Eastern Caribbean Central Bank. Archived from the original on 2024-05-27. Retrieved 2024-04-29.
- ↑ Eastern Caribbean Central Bank (2016). Eastern Caribbean Central Bank: Report and Statement of Accounts for the Financial Year Ended 31 March 2016 (PDF). p. 7. Archived (PDF) from the original on 2024-05-27. Retrieved 2024-05-27.
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