Central Bank
The majority of the OECS members-states are participants of the Eastern Caribbean Central Bank (ECCB) monetary authority. The regional central bank oversees financial and banking integrity for the Organisation of Eastern Caribbean States economic bloc of states. Part of the bank's oversight lends to maintaining the financial integrity of the Eastern Caribbean dollar (XCD). Of all OECS member-states, only the British Virgin Islands do not use the Eastern Caribbean dollar as their de facto native currency.
All members belong to the Eastern Caribbean Currency Union.
Read more about this topic: Organisation Of Eastern Caribbean States
Famous quotes containing the words central and/or bank:
“It’s easy to forget how central the French people are in everything we mean when we say Europe.”
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