17 h. ago Banks welcome tightening up to detect duplication of foreign currency requests

Commercial banks have welcomed new measures shared by President Irfaan Ali to address duplication of invoices and other practices they say have placed pressure on the foreign currency market. The article Banks welcome tightening up to detect duplication of foreign currency requests appeared first on Stabroek News.

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41 h. ago Foreign exchange directives will inhibit legitimate businesses through delayed transactions by commercial banks

Dear Editor, Thank you for allowing me space in your most valuable column and as a follow up to the previous ForEx issue I raised. The article Foreign exchange directives will inhibit legitimate businesses through delayed transactions by commercial banks appeared first on Stabroek News.

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65 h. ago Colombia’s central bank holds rate, country cancels IMF credit line

BOGOTA,  (Reuters) – Colombia’s central bank held the benchmark interest rate at 9.25% yesterday, in line with market predictions, amid inflationary pressures, stronger economic data and uncertainty about the global economy. The article Colombia’s central bank holds rate, country cancels IMF credit line appeared first on Stabroek News.

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1 week ago WIN Leader says phoned Central Bank governor on fate of accounts closed by banks

WIN Leader Azruddin Mohamed  said he telephoned Dr. Gobind Ganga, Governor of the Bank of Guyana on Friday to inquire about the status of the accounts which were closed by commercial banks. The article WIN Leader says phoned Central Bank governor on fate of accounts closed by banks appeared first on Stabroek News.

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1 week ago Central Bank says advised Azruddin Mohamed to withdraw case against commercial banks

The Bank of Guyana (BoG) last night issued a statement saying that the Governor of the BoG, Dr Gobind Ganga had advised the leader of We Invest in Nation-hood  (WIN) Azruddin Mohamed to withdraw his case against commercial banks in relation to the closure of accounts of WIN members. The article Central Bank says advised Azruddin Mohamed to withdraw case against commercial banks appeared first on Stabroek News.

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2 w. ago Commercial banks investment of USD into short term instruments delays the availability of the USD in Guyana

Dear Editor As a business owner, there are always the known and associated unknowns along with the risks and rewards. At the end of the day, my opinion is that once a business is run on principle and ethics with strong focus on customer service and employee satisfaction, it is difficult to fail. The article Commercial banks investment of USD into short term instruments delays the availability of the USD in Guyana appeared first on Stabroek News.

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2 w. ago Canje Secondary through to BCB Republic Bank Inter Secondary final

Canje Secondary School whipped New Amsterdam Multilateral Secondary School by nine wickets to win the New Amsterdam/ Canje Zone of the BCB/ RBL Inter Secondary School cricket competition for schools in East Berbice. The win by CSS has put them through to the overall final against Port Mourant Secondary School, who are the Central and […] The post Canje Secondary through to BCB Republic Bank Inter Secondary final appeared first on Kaieteur News.

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