Search results for : Central
September 05, 2023
New Tropical Depression Forms In The Central Tropical Atlantic
AT 11 AM EDT, THE CENTER OF TROPICAL DEPRESSION THIRTEEN WAS LOCATED NEAR LATITUDE 12.5°NORTH AND LONGITUDE 40.2° WESTOR ABOUT 1425 MILES EAST OF THE LESSER ANTILLES.
September 05, 2023
Country's economy trending back to normal following COVID, says Central Bank
In the Central Bank of The Bahamas' (CBOB) Monthly Economic and Financial Developments (MEFD) for July 2023, published yesterday, the bank revealed that the country's recovery from the economic downturn due to the COVID-19 pandemic "neared completion" given the growth trajectory of the economy. "Preliminary indications are that during the month of July, the growth ...
The post Country's economy tr...
August 29, 2023
NEW TROPICAL DEPRESSION FORMS OVER THE OPEN WATERS OF THE CENTRAL ATLANTIC
AT 11:00 AM DST, THE CENTER OF TROPICAL DEPRESSION ELEVEN WAS LOCATED NEAR LATITUDE 27.9° NORTH AND LONGITUDE 51.4° WEST OR ABOUT 855 MILES EAST-SOUTHEAST OF BERMUDA.
August 11, 2023
Acklins Central High School Renamed the A. Loftus Roker High School
A native son of Acklins soil has been recognized for his contributions to nation building. His name will forever be etched in the landscape of his hometown of Acklins after the Acklins Central High School was renamed in his honour.
August 03, 2023
Central Bank to begin recovery of BISX trading fees in October
NASSAU, BAHAMAS — The Central Bank has announced that it will no longer absorb BISX trading fees effective October 1. The regulator noted that, in its capacity as Registrar and Transfer Agent for Bahamas Registered Stock and Treasury Bills, it purchases securities in the secondary market as needed to provide liquidity in cases where the [...]
Central Bank Governor Shoots Down Recession Talks
August 01, 2023
Central Bank Governor Shoots Down Recession Talks
NASSAU, BAHAMAS - Central Bank Governor John Rolle dismissing fears of a possible recession. It comes after experts in the United States predicted a recession was coming.
August 01, 2023
Central Bank: Increased demand for overseas investment funding
NASSAU, BAHAMAS — Central Bank Governor John Rolle said yesterday that the regulator believes that additional refinements are now needed to sustain more retail investor access to overseas investment funding, noting that the demand for investment currency in particular has accelerated. Governor Rolle while speaking at a press briefing on the regulator's Monthly Economic and [...]
July 24, 2023
Debit card transactions up nearly 17 percent in 2022, according to Central Bank
NASSAU, BAHAMAS — The use of electronic payment instruments increased in 2022 according to the Central Bank, most notably with the value of debit card transactions increasing by nearly 17 percent to $2.3 billion. The Central Bank in its Financial Stability Report for 2022 noted that in terms of other electronic-based payment instruments, the value [...]
DON TURNS EASTWARD OVER THE CENTRAL ATLANTIC
July 17, 2023
DON TURNS EASTWARD OVER THE CENTRAL ATLANTIC
AT 5:00 PM DST, THE CENTER OF SUBTROPICAL DEPRESSION DON WAS LOCATED NEAR LATITUDE 39.3° NORTH AND LONGITUDE 47.0° WEST OR ABOUT 1080 MILES WEST OF THE AZORES.
July 11, 2023
Central Bank sending out trained team to improve Sand Dollar uptake
The Central Bank of The Bahamas (CBOB) is set to deploy a team of Sand Dollar ambassadors across New Providence and the Family Islands this month, in its continuing effort to increase the adoption and use of the world's first central bank digital currency (CBDC), a CBOB statement said, adding that there is currently almost $1.1 ...
The post Central Bank sending out trained team to improve San...
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