Understanding Timor-Leste's Currency: The Impact of Dollarization on Economy

Explore Timor-Leste's unique currency situation, focusing on the adoption of the US dollar. Learn about its historical context, benefits like low inflation, and challenges such as limited monetary policy and competitiveness. Discover ongoing discussions about a potential future national currency for economic diversification.

5/8/20241 min read

A Filipino ten peso coin is standing on its edge on a textured surface. The background is blurred, focusing the attention on the coin which features the inscription 'Republika ng Pilipinas' and portraits of two individuals.
A Filipino ten peso coin is standing on its edge on a textured surface. The background is blurred, focusing the attention on the coin which features the inscription 'Republika ng Pilipinas' and portraits of two individuals.

Timor-Leste currency insights