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Finance Ministry awaits update on Foreign Exchange.

by | Nov 19, 2015

The Finance Ministry is awaiting an update from the Central Bank on the foreign exchange situation.

Concerns have been raised in the past from members of the business community on challenges in getting foreign currency at local commercial bank.

In a move to address the growing demand for US Currency the Central Bank has said it has injected millions of dollars in the system.

It added that the Central Bank has complied with directives to go back to the previous arrangement used to supply foreign exchange.

Speaking in the Senate this week, Finance Minister, Colm Imbert, said he is expected a report from the institution on the issue.

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Finance Minister, Colm Imbert.

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