T&T’s Foreign Reserves Gets US$644 Million Boost Through IMF Special Drawing Rights.

T&T’s Foreign Reserves Gets US$644 Million Boost Through IMF Special Drawing Rights.

Trinidad and Tobago’s Foreign Reserves have just been boosted by the equivalent of US$644 Million, as a result of a global distribution by the International Monetary Fund of Special Drawing Rights designed to help countries cope with the Forex demands of Covid-19.

This was revealed by Minister of Finance, Colm Imbert via a Twitter post this afternoon.

Minister Imbert added that this country’s Net Foreign Reserves are now back over US$7 Billion.

COMMENTS

WORDPRESS: 0
DISQUS: 0