Topic

Caribbean Economy

2 facts

  • Anguilla99 views

    Anguilla Uses The Eastern Caribbean Dollar As Its Currency

    This common currency is shared among eight members of the Organisation of Eastern Caribbean States, fostering regional economic stability. Its value is pegged to the US dollar, providing a stable exchange rate for trade and tourism.

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  • Anguilla84 views

    Salt Production Was Anguilla's Earliest Major Industry

    Before tourism, the island's numerous salt ponds were vital for its economy, particularly the large pond at Sandy Ground. Salt was harvested and exported for centuries, shaping early Anguillian commerce and trade with neighboring islands.

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