-
A drop in the value of the Guyana dollar
11 Apr 2025 06:10 GMT
… revenues to the Bank of Guyana and increase our gold reserves … weaker buying power of the Guyanese dollar will place pressure on local … underway we must strengthen our currency and prevent further erosion.
Sincerely …
The Cooperative Republicans of Guyana
-
Tancoo again says UNC will not devalue T&T dollar
11 Apr 2025 05:13 GMT
Gail Alexander
Senior Political Reporter
United National Congress (UNC) Fyzabad candidate Dave Tancoo has again promised there will be no devaluation under a UNC government and that the party has a plan for Cedros/Moruga area …
-
Letter: Counterfeit money circulates in Guyana
08 Apr 2025 15:06 GMT
… Editor,
Counterfeit is stirring in Guyana. I have detected this twice … the real currency might have, such as the thousand dollar($1000), which …
-
Guyana government injects US$100M into foreign exchange market
08 Apr 2025 13:39 GMT
… pending demand for foreign currency, while the temporary … currency at once can lead to an appreciation of the Guyanese dollar … delays in accessing foreign currency, citing mounting challenges in … potential misuse of Guyana’s foreign currency market by external …
-
Analysts weigh in on how US tariffs could impact consumers, despite stability of EC dollar
08 Apr 2025 08:25 GMT
… Caribbean dollar for ordinary citizens, even as the currency’s … 13 CARICOM nations; however, Guyana faces a significantly higher … tariffed nations.
The EC dollar currently maintains a strong … this traditional measure of currency stability doesn’t account for …
-
Friendship labourer arrested for possession of suspected forged currency notes
02 Apr 2025 07:42 GMT
… in possession of suspected forged Guyana currency notes.
The incident occurred at … ) in five-thousand-dollar notes. Upon examining the currency, Peters suspected that … eighty thousand Guyana dollars (GY$180,000) in five-thousand-dollar bills …
-
Friendship man arrested for possession of over $100,000 in forged currency
01 Apr 2025 22:42 GMT
… possession of suspected forged Guyana currency notes.
At about … 80,000 –Guyana currency) all consisting of Five Thousand Dollar Notes. She … took possession of the Guyana currency notes, arrested Franklyn and … .
The suspected forged currency notes were placed in …
-
Local banking system gets Central Bank injection of US$35M in foreign currency
28 Mar 2025 09:32 GMT
… foreign currency in the local market, the Bank of Guyana undertook … escalating demand for foreign currency, driven by importation and … intervene when necessary.
Notably, Guyana’s import expenditure for … selling prices for the Canadian dollar are listed at $152 …
-
Bank of Guyana injects US$35 million to address currency shortages
28 Mar 2025 09:53 GMT
… is monitoring the foreign currency market and intervening strategically … of Guyana is prepared to inject as much foreign currency as … it could cause the local currency to appreciate excessively, potentially … $210.45. The Canadian dollar is listed with a buying …
-
It’s the real exchange rate that matters
09 Apr 2025 07:20 GMT
… US$1—reflecting a stronger Guyana dollar. But that hasn’t … effects: These operations absorb Guyana dollars, affecting liquidity and … , isn’t a weaker Guyana dollar precisely what’s needed if … spend heavily and suppress currency adjustment through central bank …