The dollar has been the currency of Barbados since 1935, on 22 October 2010 it was reported that which international rating agency, an American financial services company, rated the currency of Barbados as "BBB-/A-3"?
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Barbadian dollar The dollar has been the currency of Barbados since 1935. The present dollar has the ISO 4217 code "BBD" and is normally abbreviated with the dollar sign "$" or, alternatively, "Bds$" to distinguish it from other dollar-denominated currencies. It is divided into 100 cents. On 22 October 2010 it was reported that the international rating agency Standard & Poor's (S&P) rated the currency of Barbados as "BBB-/A-3".
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Standard &amp; Poor's Standard & Poor's Financial Services LLC (S&P) is an American financial services company. It is a division of S&P Global that publishes financial research and analysis on stocks, bonds and commodities. S&P is known for its stock market indices such as the U.S.-based S&P 500, the Canadian S&P/TSX, and the Australian S&P/ASX 200. S&P is considered one of the Big Three credit-rating agencies, which also include Moody's Investors Service and Fitch Ratings. Its head office is located on 55 Water Street in Lower Manhattan, New York City.
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Economy of the Bahamas The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth for many years, but the slowdown in the US economy and the attacks of September 11, 2001 held back growth in these sectors in 2001-03. Financial services constitute the second-most important sector of the Bahamian economy, accounting for about 15% of GDP. However, since December 2000, when the government enacted new regulations on the financial sector, many international businesses have left The Bahamas. Manufacturing and agriculture together contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector, which depends on growth in the US, the source of more than 80% of the visitors. In addition to tourism and banking, the government supports the development of a "2nd-pillar", e-commerce.
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Barbados Stock Exchange The Barbados Stock Exchange or BSE is Barbados' main stock exchange. Its headquarters are in the capital-city Bridgetown. The body was established in 1987 by the Parliament of Barbados as the Securities Exchange of Barbados (SEB), and remained known as such until August 2, 2001
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List of companies of Barbados Barbados is a sovereign island country in the Lesser Antilles, in the Caribbean. It is 34 km in length and up to 23 km in width, covering an area of 432 km2 . It is situated in the western area of the North Atlantic and 100 km east of the Windward Islands and the Caribbean Sea; therein, it is about 168 km east of the islands of Saint Vincent and the Grenadines and 400 km north-east of Trinidad and Tobago. Barbados is outside of the principal Atlantic hurricane belt. Its capital is Bridgetown.
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CIBC FirstCaribbean International Bank CIBC FirstCaribbean International Bank (FCIB) is a financial services company based in Barbados and a subsidiary of the Canadian Imperial Bank of Commerce (CIBC). Formed in 2002 as FirstCaribbean International Bank through the merger of the Caribbean operations of Barclays Bank and CIBC, in March 2006 both CIBC and Barclays announced that Barclays wished to exercise their option to exit the Caribbean venture completely resulting in CIBC gaining majority-control of the bank. In June 2011, it was announced the bank would be renamed CIBC FirstCaribbean Bank "to be more closely aligned to the CIBC brand, while still maintaining the FirstCaribbean name and local identity."
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Nevisian dollar The dollar was the currency of Nevis until 1830. The currency consisted of counterstamped Spanish and French colonial coins. The dollar was subdivided into 72 "black dogs", each of 1½ pence. Around 1801, coins were issued for 1, 4, 6, 7 and 9 black dogs with the word "Nevis" and the denomination stamped on them. The 1 black dog coins were countermarked on French Guianan 2 sous, whilst the 9 black dogs were made from Spanish colonial 1 real coins. In 1830, sterling was established as the official currency of the island.
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Barbados–Canada relations Barbados–Canada relations refer to the bilateral relations between Canada and Barbados. In 1907, the Government of Canada opened a Trade Commissioner Service to the Caribbean region located in Bridgetown, Barbados. Following Barbadian independence from the United Kingdom in November 1966, the Canadian High Commission was established in Bridgetown, Barbados on 27 September 1973. There is a High Commission of Barbados in Ottawa and a Barbadian Consulate in Toronto. The relationship between both nations today partly falls under the larger gambit of Canada–Caribbean relations. As of 2014 it is estimated that as much as 8% of Canadian foreign investments in Barbados.
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Economy of the United States The economy of the United States is a highly developed mixed economy. It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). The U.S. GDP was estimated to be $18.46 trillion in 2016. It has the world's seventh-highest per capita GDP (nominal) and eleventh-highest per capita GDP (PPP) in 2016. The U.S. dollar is the currency most used in international transactions and is the world's foremost reserve currency, backed by its science and technology, its military, the full faith of the US government to reimburse its debts, its central role in a range of international institutions since World War II and the petrodollar system. Several countries use it as their official currency, and in many others it is the "de facto" currency. Its largest trading partners are China, Canada, Mexico, Japan, Germany, South Korea, United Kingdom, France, India and Taiwan.
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ALBA ALBA or ALBA-TCP, formally the Bolivarian Alliance for the Peoples of Our America (Spanish: "Alianza Bolivariana para los Pueblos de Nuestra América" ) or the Bolivarian Alliance for the Peoples of Our America - Peoples’ Trade Treaty (Spanish: "Alianza Bolivariana para los Pueblos de Nuestra América - Tratado de Comercio de los Pueblos" ), is an intergovernmental organization based on the idea of the social, political and economic integration of the countries of Latin America and the Caribbean. The name "Bolivarian" refers to the ideology of Simón Bolívar, the 19th-century South American independence leader born in Caracas who wanted Hispanic America to unite as a single "Great Nation." Founded initially by Cuba and Venezuela in 2004, it is associated with socialist and social democratic governments wishing to consolidate regional economic integration based on a vision of social welfare, bartering and mutual economic aid. The eleven member countries are Antigua and Barbuda, Bolivia, Cuba, Dominica, Ecuador, Grenada, Nicaragua, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines and Venezuela. Suriname was admitted to ALBA as a guest country at a February 2012 summit. ALBA nations may conduct trade using a virtual regional currency known as the SUCRE. Venezuela and Ecuador made the first bilateral trade deal using the Sucre, instead of the US dollar, on July 6, 2010.
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Religion in Barbados The International Religious Freedom Report 2008, submitted by the United States Department of State to Congress as required by the International Religious Freedom Act of 1998, provides the following summary of religious affiliation in Barbados:
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Tobagan dollar The dollar was the currency of Tobago until 1814. The currency comprised various cut Spanish dollars and countermarked French colonial coins. The dollar was subdivided into 11 "bits", each of 9 "pence". In 1814, sterling was established as the official currency of the island. Since 1905, dollars have once more circulated on Tobago, first the Trinidad and Tobago dollar, then the British West Indies dollar, before the Trinidad and Tobago dollar was reintroduced.
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British North Borneo dollar The British North Borneo dollar was the currency of British North Borneo from 1882 to 1953. It was subdivided into 100 "cents". The dollar had remained at par with the Straits dollar (and its successor the Malayan dollar), the currency of Malaya and Singapore, at the value of one dollar to 2 shillings 4 pence sterling from its introduction until both currencies were replaced by the Malaya and British Borneo dollar in 1953. Both coins and banknotes were issued by the British North Borneo Company.
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Thai baht The baht ( ; Thai: บาท ,  ] ; sign: ฿; code: THB) is the currency of Thailand. It is subdivided into 100 "satang" (สตางค์ ,  ] ). The issuance of currency is the responsibility of the Bank of Thailand.
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Jamaican pound The Jamaican pound was the official currency of Jamaica between 1840 and 1969. It circulated as a mixture of British currency and local issues and was always equal to the British pound. The Jamaican pound was also used by the Cayman Islands and Turks and Caicos Islands.
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Currency Act The Currency Act is one of many several Acts of the Parliament of Great Britain that regulated paper money issued by the colonies of British America. The Acts sought to protect British merchants and creditors from being paid in depreciated colonial currency. The policy created tension between the colonies and Great Britain, and was cited as a grievance by colonists early in the American Revolution. However, the consensus view among modern economic historians and economists is that the debts owed by colonists to British merchants was not a major cause of the Revolution. In 1995, a random survey of 178 members of the Economic History Association found that 92 percent of economists and 74 percent of historians disagreed with the statement, "The debts owed by colonists to British merchants and other private citizens constituted one of the most powerful causes leading to the Revolution."
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Dominican dollar The history of currency in the British colony of Dominica closely follows that of the British Eastern Caribbean territories in general. Even though Queen Anne's proclamation of 1704 brought the gold standard to the West Indies, silver pieces of eight (Spanish dollars and later Mexican dollars) continued to form a major portion of the circulating currency right into the latter half of the nineteenth century.
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Nova Scotian dollar The dollar was the currency of Nova Scotia between 1860 and 1871. It replaced the Nova Scotian pound at a rate of 5 dollars = 1 pound (1 dollar = 4 shillings) and was consequently worth less than the Canadian dollar (worth 4s 1.3d). The Nova Scotian dollar was replaced by the Canadian dollar at a rate of 73 Canadian cents = 75 Nova Scotian cents, thus maintaining the difference between the two currencies established in 1860.
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United States two-dollar bill The United States two-dollar bill ($2) is a current denomination of U.S. currency. The third U.S. President (1801–09), Thomas Jefferson, is featured on the obverse of the note. The reverse features an engraving of the painting "The Declaration of Independence" by John Trumbull. Throughout the $2 bill's pre-1929 life as a large-sized note, it was issued as a United States Note, National Bank Note, silver certificate, Treasury or "Coin" Note and Federal Reserve Bank Note. When U.S. currency was changed to its current size, the $2 bill was issued only as a United States Note. Production went on until 1966, when the series was discontinued. Ten years passed before the $2 bill was reissued as a Federal Reserve Note with a new reverse design. $2 bills are seldom seen in circulation as a result of banking policies with businesses which has resulted in low production numbers due to lack of demand. This comparative scarcity in circulation, coupled with a lack of public knowledge that the bill is still in production and circulation, has also inspired urban legends and occasionally has created problems for people trying to use the bill to make purchases.
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Falkland Islands pound The Pound is the currency of the Falkland Islands, a British Overseas Territory in the South Atlantic Ocean. The symbol is the pound sign, "£", or alternatively "FK£", to distinguish it from other pound-denominated currencies. The ISO 4217 currency code is "FKP".
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Dominican peso The Dominican peso is the currency of the Dominican Republic (Spanish: "República Dominicana" ). Its symbol is "$", with "RD$" used when distinction from other pesos (or dollars) is required; its ISO 4217 code is "DOP". Each peso is divided into 100 "centavos" ("cents"), for which the ¢ symbol is used. It is the only currency that is legal tender in the Dominican Republic for all monetary transactions, whether public or private.
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Cayman Islands Monetary Authority The Cayman Islands Monetary Authority (CIMA) is the primary financial services regulator of the Cayman Islands and supervises its currency board.