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Rambally: Bank’s cut in forex, peril for SME sector

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The content originally appeared on: Trinidad and Tobago Newsday News Chaguanas West MP Dinesh Rambally - REPUBLIC Bank Ltd (RBL) advisory that it is reducing by half, the maximum US dollar spending limit per billing cycle on customer’s credit cards, effective September 21, spells financial peril to the SME sector. Chaguanas West MP Dinesh Rambally said the reduction from US$10,000 to US$5,000 will have a profound and negative effect on hundreds of SME’s. On Saturday, Rambally expressed concern on the […]

Source: Trinidad News

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