Finance Minister, Larry Howai tells of a strong foreign exchange position for Trinidad and Tobago.
Speaking in the parliament, Minister Howai said there is no crisis where the foreign exchange situation is concerned, adding that there is no need for panic.
In the past, some entrepreneurs have complained about challenges faced in getting an adequate supply of US currency.
However, Minister Howai tabling the motion for parliament to adopt the second report of the Standing Finance Committee explained that the Central Bank has also taken measures to pump additional funds into the local financial system to satisfy growing demand.
Finance Minister, Larry Howai