The Eastern Caribbean Currency Union (ECCU) is a group of countries in the Eastern Caribbean that share a common currency, the Eastern Caribbean dollar (XCD). Established in 1983, the ECCU aims to promote economic stability and facilitate trade among its member states, which include countries like Saint Lucia, Saint Vincent and the Grenadines, and Antigua and Barbuda. The ECCU is managed by the Eastern Caribbean Central Bank (ECCB), which is responsible for monetary policy and maintaining the stability of the currency. The union helps its members coordinate economic policies and provides a framework for financial cooperation, contributing to regional development and integration.