Aligning with Fed’s policy shift and supported by strong reserves
CBCS lowers pledging rate
WILLEMSTAD/PHILIPSBURG – On September 22, 2025, the Centrale Bank van Curaçao en Sint Maarten (CBCS) eased its monetary policy stance by lowering the pledging rate by 25 basis points
to 4.50%.
This move followed the U.S. Federal Reserve’s September rate cut. The monetary union’s solid foreign exchange position—reserves increased in the first eight months of the year with import coverage well above the 3-month benchmark—provided room for this decision. However, global uncertainties, including persistent trade tensions, fragmentation, and geopolitical risks, may raise import prices and pressure reserves. The CBCS will continue monitoring economic developments at
home and abroad and adjust policy as needed. Read More