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Central Bank says no shortage of US currency

The Central Bank is insisting the country is not experiencing a shortage of United States currency.

Central Bank Governor Jwala Rambarran, gave the assurance a breakfast meeting held today by the Trinidad and Tobago Chamber of Industry and Commerce.

central-bank-of-trinidad-and-tobagoIt was held at the Chamber’s Westmoorings Headquarters.

The session focused on the country’s foreign exchange policy and the implications for business and economic growth.

Governor Rambarran said the Central Bank will continue to give updates on the situation.

However, he noted there are mixed legal views on whether or not the Central Bank should produce data to verify that there is no shortage of foreign exchange.

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Governor Rambarran indicated that there is enough U.S. currency in the local financial system to meet demand.

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