OP-ED: The cost of money in the ECCU – Why Caribbean lending rates are where they are, and the strategic decision now in front of the region

Editor’s note: In economics, the “cost of money” refers to the interest rate on borrowing. In this report, the author explains that borrowing money in the Eastern Caribbean is often much more expensive than in other parts of the world,... The post OP-ED: The cost of money in the ECCU – Why Caribbean lending rates are where they are, and the strategic decision now in front of the region appeared first on Dominica News Online.

OP-ED: The cost of money in the ECCU – Why Caribbean lending rates are where they are, and the strategic decision now in front of the region

OP-ED: The cost of money in the ECCU – Why Caribbean lending rates are where they are, and the strategic decision now in front of the regionEditor’s note: In economics, the “cost of money” refers to the interest rate on borrowing. In this report, the author explains that borrowing money in the Eastern Caribbean is often much more expensive than in other parts of the world,...

The post OP-ED: The cost of money in the ECCU – Why Caribbean lending rates are where they are, and the strategic decision now in front of the region appeared first on Dominica News Online.