{"id":2979,"date":"2010-10-12T07:45:55","date_gmt":"2010-10-12T11:45:55","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=2979"},"modified":"2010-10-12T07:45:55","modified_gmt":"2010-10-12T11:45:55","slug":"central-bank-reports-drop-in-external-reserves","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2010\/10\/central-bank-reports-drop-in-external-reserves","title":{"rendered":"Central Bank Reports Drop in External Reserves"},"content":{"rendered":"<p>External reserves declined by $52.4 million during August compared to the year ago period&#8211;a drop facilitated by millions of dollars in profit repatriations by commercial banks.<\/p>\n<p>The Central Bank noted in its latest report that external reserves would have been boosted in 2009 by $151 million in special drawing rights (SDRs)that were allocated to the government under the International Monetary Fund&#8217;s global initiative.<\/p>\n<p>In addition, it said the bank&#8217;s net sale of foreign currency to commercial banks almost doubled from $41.2 million in 2009 to $80 million, to facilitate profit remittances, with banks increasing their net sale to customers by $8.8 million to $72.3 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of the Bahamas has noted in a report that external reserves have declined by $52.4 million.<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[12],"tags":[29,98],"class_list":["post-2979","post","type-post","status-publish","format-standard","hentry","category-headlines","tag-economy","tag-financial"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/2979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=2979"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/2979\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=2979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=2979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=2979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}