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Story Highlights Speaking at the BOJâs digital quarterly media briefing on May 21, Mr. Byles noted that additionally, since March 2020, the Bank has purchased US$1.9 billion locally via market surrenders, which pay for government debt servicing and some energy imports. He indicated that total BOJ Foreign Exchange Intervention & Trading Tool (B-FXITT) flash sale operations, to date, since the onset of the COVID-19 crisis in March 2020, has amounted to US$411 million. âSimilarly, daily sales to end-users averaged US$28.2 million since the start of 2021, above the average of US$25.2 million a year earlier,â he further informed. Bank of Jamaica (BOJ) Governor, Richard Byles, says the countryâs net international reserves (NIR) remain healthy, amounting to US$3.3 billion, as at the end of April. ....
BOJ says NIR adequate to see country through COVID-19 crisis jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.