Barbados and its citizens do not want a devaluation of their currency and Governor of the Central Bank of Barbados, Dr DeLisle Worrell has delivered that blunt message to international rating agencies and the International Monetary Fund (IMF).
However, neither the ratings agencies nor the IMF had asked Barbados to devalue its currency which has been pegged to the United States dollar at 2:1 since 1973.
Barbados initially rejected this as an option in the face of the foreign currency
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