Fri | Dec 6, 2019

BOJ offers US$30 million to forex market

Published:Wednesday | November 13, 2019 | 10:04 AM

Bank of Jamaica (BOJ) this morning intervened in the foreign exchange market with an offer of US$30 million to be sold to authorized dealers and large cambios.

This follows yesterday’s intervention of US$40 million which was sold at a weighted average rate of $142.38.

The BOJ says the interventions are intended to address temporary demand and supply imbalances in the market.

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