I hope this email finds you well and trust that the subject matter would get some attention. The reason I have decided to choose this as a topic is that, recently I have been receiving invoices from various local business establishments in Trinidad quoted in US dollars with a conversion rate in TT.
I am of the view, that should this practice continue every business in this country would start to invoice people in US.
Only two days ago I was informed, that some people started getting their invoice for rent in US dollars as if they are foreigners resident in Trinidad. I have seen a copy of same. This as you can see, would cause someone's rent to increase every month should the US exchange rate keep going down.
What would be the outcome. What would happen to this country's future?
What if, you go to the grocery and see the items all listed in US?
There must be some control and regulations in this regard to safeguard our Citizens.
Charles Carvalho
Via email