I disagree with Trade Minister Vasant Bharath that the Forex woes are due to elections. A lot of people feel that regardless of which party wins the elections, with the low price of oil, and all the high recurrent expenditures the government will face, a devaluation of the TT$ is imminent and that is why they are holding on to whatever US$ they have.
Neil R de Montrichard,
Westmoorings.