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Chaguanas Business Association Feels The Impact of Foreign Exchange Woes

by | Jun 27, 2014

More foreign currency has been added to the local economy by the Central Bank.

More foreign currency has been added to the local economy by the Central Bank.

The Chaguanas Business Association indicates some of its members are still feeling the impact of issues relating to the supply of foreign exchange.

Earlier this month the Bankers Association of Trinidad and Tobago was assured by the Central Bank on matters relating to the reliability and availability of foreign exchange.

For the year-to-date, the Central Bank said it injected US$660 million into the financial system, US$130 million more than the corresponding period in 2013.

Association President, Richie Sookai, in an interview this week said entrepreneurs are doing their best to manage their operations in light of the situation.

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Chaguanas Business Association President, Richie Sookai

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