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US$ imbalance led to cut in Republic’s forex credit card limit – central bank official

(Trinidad Guardian) Republic Bank reduced the US-dollar spending limit on some of its credit cards by 50 per cent last week as a result of increased demand for foreign exchange and the prospect of reduced short-term inflows of foreign exchange, a Central Bank official said yesterday. The article US$ imbalance led to cut in Republic’s forex credit card limit – central bank official appeared first on Stabroek News.


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