Otherwise, the effect would be a drawdown in foreign reserves and undermined support for the currency. The preventive measure is limiting the occurrence of deficits, in the first instance, as often the choice of how the deficit will be financed is an artificial one. There is nevertheless a medium-term concern about the level of liquidity in the Bahamian financial system.
0 IV I 2015  II  III  IV I 2016  II  III  IV I 2017  II  III  IV I 2018  II  III  IV 2019  Source: NBS. International environment – outlook and risks Last year saw volatile trends in the international market, which will continue, by all odds, into this year as well.