The Bank of Guyana (BoG) yesterday rebuked the Georgetown Chamber of Commerce and Industry (GCCI) over its comments concerning the alleged foreign currency shortage in the country.
In response to the comments, the BoG reprimanded the GCCI for labouring under the mistaken impression that the central bank existed to ensure that foreign currency was available to its members at the times and prices they demanded.
It suggested the GCCI’s “energies would be better spent engaging either the banks or the bankers association, who are also members of the private sector, with a view to better understanding the factors that influence the availability and pricing of foreign currency in the domestic market.”
