Hindus

Business confederation wants 5 more days to change old notes

The 12 member Confederation of Regional Business Chambers (CRBC) is asking government to extend its deadline for the return of cotton based $100 bills, by at least five to seven working days in January.

And the group is concerned about the increased security risks to small businesses, as a result of the compressed time given for the currency changeover.

Coordinator for the Confederation, Jaishima Leladharsingh, says many customers of these businesses may not have had time to change their currency before the 31 December deadline, and would be shopping with the old notes.