Cayman islands dollar (1971-2023): the youngest offshore currency
Journal: Экономика и бизнес: теория и практика @economyandbusiness
Article in issue: 2-1 (108), 2024.
Free access
The article is devoted to the study of exotic currencies, namely the history of the formation and development of the Cayman Islands dollar. The author analyzes the main stages of introducing new series of banknotes (A, B, C, D) into circulation and provides current statistics on currency circulation at the present time. Separately, the author notes the exchange rate system, as well as the role of the Cayman Islands in international offshore business. The bibliographic base of the article is represented by current research on the topic of the work, data from the Cayman Islands Monetary Authority, as well as data from the International Monetary Fund. In conclusion, the role of the Cayman Islands dollar in the global economy is determined, and a conclusion is also made about the colonial genesis of this currency.
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Short address: https://sciup.org/170202963
IDS: 170202963 | DOI: 10.24412/2411-0450-2024-2-85-92