Presentations - 3rd Growth and Resilience Dialogue With Social Partners

Eastern Caribbean Central Bank

The Backing Ratio sustained its strong upward trend into the new year, reassuring of the Bank’s ability to maintain the exchange rate peg

Backing Ratio

Backing Ratio as at 08 February 2019

120.0

120.0

98.7

96.8 97.1 98.3

96.7

96.5 95.0

95.5

100.0

100.0

Operational Target

Operational Target

80.0

80.0

Statutory Minimum

Statutory Minimum

60.0

60.0

%

%

40.0

40.0

20.0

20.0

0.0

0.0

ECCU

2012 2013 2014 2015 2016 2017 2018

Transforming The ECCU Together

2/14/2019

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