THE TT Chamber of Industry and Commerce has called on government and other stakeholders to take urgent action to address the country's foreign exchange (forex) situation.

In a statement and accompanying working paper on December 19, the chamber said, "Doing nothing is not an option."

The chamber added the latter outlines. "the scale, causes, and solutions to the country’s worsening forex crisis, warning that inaction is no longer a viable option for the national economy."