Foreign reserves dip in third quarter but stay ‘well above’ benchmark
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Foreign reserves fell during the third quarter but remain well above the target benchmark, according to a central bank briefing. Governor Dr. Kevin Greenidge told journalists that real GDP grew by an estimated 1.4 percent, slower than a previous 2.3 percent rate. The report was published by Barbados Today. The decline in reserves was noted alongside the modest economic growth figure.
Briefing journalists on the bank’s third-quarter report, governor Dr Kevin Greenidge said real gross domestic product (GDP) had grown by an estimated 1.4 per cent, compared with 2.3 per cent… The post Foreign reserves dip in third quarter but stay ‘well above’ benchmark appeared first on Barbados Today .