Following the inflation shocks in the 1970s, the 1980s saw a consensus gradually emerging that central banks should be primarily responsible for safeguarding price stability and need to be as independent as possible to perform this task.
Also,  Bahamians who have accumulated foreign currency assets abroad will be permitted to repatriate these and, if they desire, maintain the deposits in foreign currency. The holders of these facilities will not be able to fund them with foreign exchange that is purchased on the local market.