THE revision of Trinidad and Tobago’s economic outlook from stable to negative by international ratings agency Moody’s has reflected “heightened caution” over the country’s foreign exchange reserves, economist Dr Vaalmikki Arjoon said yesterday.

On Friday, Moody’s revised Trinidad and Tobago’s outlook from stable to negative, citing short-term risks tied to falling official foreign exchange reserves.

This marks the second time in three months that an international ratings agency has revised the country’s outlook from stable to negative.