The foreign currency situation An alarm

An alarm has been raised about the availability of foreign currency in Guyana within the last three or so months.  The alarm was sounded by the commercial banks as they reportedly were unable to fulfil the demand for foreign currency by their customers.  The situation caught the public by surprise as it apparently did the public officials who are responsible for managing and overseeing the foreign currency market in Guyana.  The sudden spike in demand for foreign currency has also led to claims by those opposed to the government of capital flight induced by a growing lack of confidence in the economy. While the data do not bear that out,