Cen­tral Bank Gov­er­nor, Lar­ry Howai, said yes­ter­day that the in­sti­tu­tion has “quite a few ini­tia­tives,” that would bring T&T clos­er to hav­ing a more eq­ui­table al­lo­ca­tion of for­eign ex­change.

Speak­ing at the De La Rue awards cer­e­mo­ny at the Cen­tral Bank yes­ter­day, Howai said the Bank would want to dis­cuss its for­eign ex­change ini­tia­tives with the Min­is­ter of Fi­nance to find out what are the Gov­ern­ment’s in­ten­tions on the mat­ter, which has been hot-but­ton is­sue for many small busi­ness­es and in­di­vid­u­als.

Asked whether the Cen­tral Bank was any clos­er to ar­riv­ing at an eq­ui­table al­lo­ca­tion of for­eign ex­change, Howai said, “We want to cal­i­brate what­ev­er we do to en­sure that at both ends, that they’re not mak­ing cer­tain de­ci­sions with re­spect to any ad­just­ment to the Ex­change Con­trol Act that could then throw off what we want to do on our side.”