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Eastern Caribbean Currency Union
The
Eastern Caribbean
Currency Union
is a
development
of the
Organization of Eastern Caribbean States
. This organization is
composed of
Anguilla
,
Antigua and Barbuda
,
Dominica
,
Grenada
,
Montserrat
,
St
.
Kitts
and
Nevis
, St.
Lucia
, and St.
Vincent
and the Grenadines. It is under the supervision of the
Eastern Caribbean Central Bank
. The member
countries
use a
common currency
, the
East Caribbean dollar
, which is pegged at EC$2.
70
to US$1.