{"id":139234,"date":"2021-10-08T09:50:19","date_gmt":"2021-10-08T13:50:19","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=139234"},"modified":"2021-10-08T09:50:19","modified_gmt":"2021-10-08T13:50:19","slug":"governor-antoine-underscores-importance-of-monetary-stability","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/governor-antoine-underscores-importance-of-monetary-stability\/","title":{"rendered":"Governor Antoine Underscores Importance of Monetary Stability"},"content":{"rendered":"
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Governor of the Eastern Caribbean Central Bank (ECCB) Timothy N. J. Antoine has underscored the importance of monetary stability and what this means for the people of the Eastern Caribbean Currency Union (ECCU).<\/p>

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Speaking during a church service on 3 October as part of activities to mark the ECCB\u2019s 38th<\/sup> anniversary, Governor Antoine said that after 38 years, it is easy to take monetary stability for granted but pointed out that it takes diligence, vision, hard word, persistence and stewardship.<\/p>\n

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Governor Antoine told the gathering at the Calvary Baptist Tabernacle, Saint Christopher (St Kitts) and Nevis, that in real terms, monetary stability means that the people of the ECCU can be assured that their savings in the bank, inflation aside, is protected in terms of its value, because the EC dollar is stable and strong. \u201cThe parity of the EC dollar today is the same as it was in 1983, one US$1.00 to EC$2.70 and that has been that way since 1976, 45 years of stability,\u201d Governor Antoine said. Similarly, \u201cyou can go to your bank or credit union and purchase US dollars and if they don\u2019t have it, you can come to our central bank and we will provide it because we have foreign resources to back our currency\u201d the Governor added.<\/p>

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The Governor, on behalf of the staff, recommitted to working hard with God\u2019s help, to maintain the strength and stability of the EC currency.<\/p>

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For more coverage from the ECCB\u2019s 38th<\/sup> Anniversary service, view this week\u2019s episode of ECCB Connects<\/em> on the ECCB website www.eccb-centralbank.org<\/a>\u00a0 and its social media pages.<\/p>\n

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Governor of the Eastern Caribbean Central Bank (ECCB) Timothy N. J. Antoine has underscored the importance of monetary stability and what this means for the people of the Eastern Caribbean Currency Union (ECCU).   Speaking during a church service on 3 October as part of activities to mark the ECCB\u2019s 38th anniversary, Governor Antoine said […]<\/p>\n","protected":false},"author":3,"featured_media":25439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-139234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"yoast_head":"\nGovernor Antoine Underscores Importance of Monetary Stability - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/governor-antoine-underscores-importance-of-monetary-stability\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Governor Antoine Underscores Importance of Monetary Stability\" \/>\n<meta property=\"og:description\" content=\"Governor of the Eastern Caribbean Central Bank (ECCB) Timothy N. J. Antoine has underscored the importance of monetary stability and what this means for the people of the Eastern Caribbean Currency Union (ECCU).   Speaking during a church service on 3 October as part of activities to mark the ECCB\u2019s 38th anniversary, Governor Antoine said […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/antiguanewsroom.com\/governor-antoine-underscores-importance-of-monetary-stability\/\" \/>\n<meta property=\"og:site_name\" content=\"Antigua News Room\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/antiguanewsroom\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-08T13:50:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mlavawteztbj.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2019\/04\/Antoine.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1366\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:site\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/antiguanewsroom.com\/governor-antoine-underscores-importance-of-monetary-stability\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/governor-antoine-underscores-importance-of-monetary-stability\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5\"},\"headline\":\"Governor Antoine Underscores Importance of Monetary Stability\",\"datePublished\":\"2021-10-08T13:50:19+00:00\",\"dateModified\":\"2021-10-08T13:50:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/governor-antoine-underscores-importance-of-monetary-stability\/\"},\"wordCount\":276,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/governor-antoine-underscores-importance-of-monetary-stability\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:1366\/h:768\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2019\/04\/Antoine.jpg\",\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/antiguanewsroom.com\/governor-antoine-underscores-importance-of-monetary-stability\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/antiguanewsroom.com\/governor-antoine-underscores-importance-of-monetary-stability\/\",\"url\":\"https:\/\/antiguanewsroom.com\/governor-antoine-underscores-importance-of-monetary-stability\/\",\"name\":\"Governor Antoine Underscores Importance of Monetary Stability - 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