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Business Group wants Discussion on this Country’s Foreign Exchange Situation.

Richie Sookhai

Chaguanas Business Chamber President, Richie Sookhai

One business group is proposing that a consultation of various stake holders be held soon to discuss matters relating to the country’s foreign exchange situation.

The Central Bank  has said that from January 1st to August 13th it has put US 1.5 billion dollars into the financial system.

It said the institution will continue to meet the shortfall in the market especially during the current increased demand and reduced supply.

However, Chaguanas Business Chamber President, Richie Sookhai, in a News Power Now interview this afternoon said there is need for serious consideration to be given to the formal meeting of interest groups on this national issue.

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Mr Sookhai said although the Central Bank has put additional foreign exchange into the system there continue to be challenges.

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Chaguanas Business Chamber President, Richie Sookhai

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