Saint Lucia

Saint Lucia's monetary profile reflects its standing as a sovereign state in the Caribbean and centers on Eastern Caribbean dollar (XCD). The Eastern Caribbean Central Bank manages the common currency and regional monetary policy for participating states and territories. Participation in the Eastern Caribbean Currency Union links it to the Eastern Caribbean dollar and regional issuance by the Eastern Caribbean Central Bank. Its monetary identity comes from membership in a regional currency system, which must be distinguished from a domestic currency issued by one national bank.