KINGSTON, Jamaica - The foreign exchange market remains relatively stable, reflecting continued strong tourism revenue and remittance inflows, as well as the effect of actions taken by the Bank of Jamaica (BOJ). Governor, Richard Byles, made the disclosure during the Central Bank’s Quarterly Monetary Policy Press Conference at the BOJ on Wednesday. “To prevent undue volatility in the foreign exchange market, BOJ has sold approximately US$907 million via its B-FXITT.
The foreign exchange market remains relatively stable, reflecting continued strong tourism revenue and remittance inflows, as well as the effect of actions taken by the Bank of Jamaica (BOJ). BOJ Governor Richard Byles made the disclosure during.
In 1973 Willard Cantelon's book The Day the Dollar Dies was published. But it is Peter Tosh's 1979 song The Day the Dollar Die which resonates with many of us.
Tosh was well .
The Bank of Jamaica (BOJ) has increased its interventions in the market through its BOJ Foreign Exchange Intervention Trading Tool (B-FXITT) as the foreign exchange (FX) rate between the Jamaican .
FirstCaribbean International Bank (Jamaica) Limited (FCIB) will be hiking the interest rate on existing variable rate loans by 50 basis points or 0.50 per cent on November 1 as the Bank of Jam.