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Dwindling Forex Reserves and Failed PNM Diversification Strategies

During the gov­ernance of the People’s National Movement (PNM) in Trinidad and Tobago, the country’s foreign exchange reserves sig­nificantly declined to $5,635.90 million as of February 2024. Historically, these re­serves have experienced fluctuations, with an av­erage value of $4,784.67 million from 1991 to 2024. The highest level of foreign exchange reserves recorded was $11,497.10 million…

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