Search results for : Central

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News Article
November 07, 2022
West Grand Bahama District Council Central Government Agency Fair, well attended and informative

Turnout at the West Grand Bahama District Council Central Government Agency Fair on Saturday, November 5, representing 20 government agencies and departments, was well attended and very informative.

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News Article
November 04, 2022
POST-TROPICAL MARTIN CAUSING STRONG WINDS AND HAZARDOUS SEAS ACROSS A LARGE PORTION OF THE CENTRAL NORTH ATLANTIC

AT 5:00 PM EDT, THE CENTER OF POST-TROPICAL CYCLONE MARTIN WAS LOCATED NEAR LATITUDE 50.5° NORTH AND LONGITUDE 34.5° WEST OR ABOUT 940 MILES NORTH-NORTHWEST OF THE AZORES.

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News Article
November 03, 2022
LARGE AND POWERFUL MARTIN FORECAST TO BECOME POST-TROPICAL OVER THE CENTRAL NORTH ATLANTIC WITHIN THE NEXT FEW HOURS

AT 11PMEDT, THE CENTER OF HURRICANE MARTIN WAS LOCATED NEAR LATITUDE 45.6° NORTH AND LONGITUDE 37.9° WEST, OR ABOUT 765 MILES NORTHWEST OF THE AZORES.

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News Article
November 01, 2022
MARTIN FORMS OVER THE CENTRAL NORTH ATLANTIC

AT 11:00 AST, THE CENTER OF TROPICAL STORM MARTIN WAS LOCATEDNEAR LATITUDE 35.3°NORTH AND LONGITUDE 55.9 ° WEST 550 MILESEAST-NORTHEAST OF BERMUDA

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News Article
October 31, 2022
DISTURBANCE BECOMES TROPICAL STORM LISA IN THE CENTRAL CARIBBEAN SEA

AT 11:00 AM EDT, THE CENTER OF LISA WAS LOCATED NEAR LATITUDE 15.5° NORTHAND LONGITUDE 77.3 ° WEST OR ABOUT 175 MILES SOUTH OF KINGSTON JAMAICA OR ABOUT 365 MILES SOUTHEAST OF GRAND CAYMAN.

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News Article
October 12, 2017
Clearing Banks Association, Central Bank to meet with Foulkes on bank fees

The Clearing Banks Association and The Central Bank of The Bahamas have agreed to meet with Minister of Labour Dion Foulkes in his capacity as the overseer of the Consumer Affairs Division, after numerous complaints have come in from the "general public with respect to [...]
The post Clearing Banks Association, Central Bank to meet with Foulkes on bank fees appeared first on The Nassau Guardian.

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News Article
October 13, 2017
Central Bank has reduced its govt debt holdings, as suggested by IMF

The Central Bank of The Bahamas (CBOB) has reduced its holdings of government debt so that it is not in breach of its 20 percent demand liability ceiling, as stated by the International Monetary Fund (IMF) in its Article IV consultation report. In fact, the [...]
The post Central Bank has reduced its govt debt holdings, as suggested by IMF appeared first on The Nassau Guardian.

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News Article
September 08, 2021
Central Bank will resume foreign currency purchasing facilities next month

The Central Bank of The Bahamas (CBOB) will reinstate its Bahamian Depository Receipts program (BDR) and the approval of applications to purchase foreign currency through the Investment Currency Market (ICM) to fund external portfolio and capital investments beginning the first of October, the bank said in a statement yesterday, marking the return of these two instruments after they were stopped f...

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News Article
October 07, 2022
Central Bank lifts fee to purchase US dollars for investment in US-traded bonds

The Central Bank of The Bahamas (CBOB) revealed yesterday in a statement that a temporary waiver is now in place that will allow Bahamians, residents and entities to bypass the Investment Currency Market (ICM) fee of five percent in order for them to invest specifically in Bahamas government bonds denominated in U.S. dollars and that are currently trading ...
The post Central Bank l...

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News Article
September 26, 2022
Central Bank: With 18 percent unbanked, push to improve CBDC adoption

Researchers at The Central Bank of The Bahamas estimate that 18 percent of people in The Bahamas are unbanked, and if that number is cut in half, The Bahamas could see a reduction in economic volatility. The bank recently published a working paper on its first digital currency the Sand Dollar, showing that the adoption ...
The post Central Bank: With 18 percent unbanked, push to improve CBDC adopt...

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