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Trinidad and Tobago’s import cover has fallen to its lowest level in decades, declining steadily from over eight months cover in mid-2023 to just 5.4 months cover in August 2025.
Import cover measures how many months a country can pay for its imports using its existing foreign exchange reserves.
According to statistics from the Central Bank, the country’s foreign reserves were sufficient to cover 8.3 months of imports in June 2023. Since then, the buffer has eroded by nearly three months, falling each quarter to reach its current low.
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