Business CW 2026 - 8 | Page 7

What happens when the euro appreciates or depreciates against the U.S. dollar? Our recent research examines how fluctuations in the euro-U.S. dollar exchange rate can have meaningful effects on tourism demand, import patterns, and the external stability of Curaçao and Sint Maarten. Explore the key findings and policy recommendations in this new CBCS research paper.

Click here for the working paper ‘The Mighty Euro: The Impact of Euro Exchange Rate fluctuations on the Current Account of the Balance of Payments of the Monetary Union of Curaçao and Sint

Maarten’ by Robert P.A. Hieroms, Msc. and Raïna Hieroms, Msc.

CBCS Working paper