In a bid to address the concerns regarding the shortage of foreign currency available for business transactions, the Private Sector Commission (PSC), along with the Guyana Association of Bankers Incorporated (GABI) yesterday met with Governor of the Bank of Guyana (BoG), Dr Gobind Ganga.
Coming out of the meeting, the PSC said it was agreed there is no overall shortage of foreign currency in Guyana despite there being a shortage at some banks. Nonetheless, the Commission committed to working with GABI and BoG to address the issues raised and promised to collaborate and work together for the benefit of all concerned.
It was noted that the aggregate supply of foreign exchange is meeting the aggregate demand and therefore the market remains in equilibrium.
