The Bank of Guyana (BoG) on Thursday injected US$35 million into the banking system, People’s Progressive Party (PPP) General Secretary, Bharrat Jagdeo disclosed. Jagdeo told reporters this during his weekly press conference at Freedom House. He said: “We only address mismatch between flow of currency and demand for currency. The timing to smooth out flows, we intervene…like today, the Central Bank intervened and put US$35M into the banking system.” The General Secretary explained the intricacies of addressing the flow and demand for currency.
