You are here

TTMA members still unable to access US currency

Thursday, July 17, 2014

The T&T Manufacturers’ Association (TTMA) has said its members continue to experience severe problems accessing United States currency. 



In a statement issued yesterday, the business body said, “Our manufacturers have continued to express their frustration at being unable to access US currency to make their payments to foreign suppliers. TTMA has met with the relevant authorities in T&T in an effort to address the problem, and despite assurances of a speedy resolution, surveys within our membership have shown that the problem persists for most companies and in some cases have worsened…


“The TTMA calls on the Central Bank, the Ministry of Finance and the banking and financial institution sector to work together to fix the problem. It is no comfort to be told that there is enough foreign exchange to meet demand when all evidence is to the contrary.”


User comments posted on this website are the sole views and opinions of the comment writer and are not representative of Guardian Media Limited or its staff.

Guardian Media Limited accepts no liability and will not be held accountable for user comments.

Guardian Media Limited reserves the right to remove, to edit or to censor any comments.

Any content which is considered unsuitable, unlawful or offensive, includes personal details, advertises or promotes products, services or websites or repeats previous comments will be removed.

Before posting, please refer to the Community Standards, Terms and conditions and Privacy Policy

User profiles registered through fake social media accounts may be deleted without notice.