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HomeForex NewsBOJ Pumps Another US$20 Million Into Forex Market | RJR News

BOJ Pumps Another US$20 Million Into Forex Market | RJR News

 

The Bank of Jamaica injected a further US$20 million in the foreign exchange market on Friday in an effort to meet continued demand for foreign currency.

 

The additional intervention came after the central bank sold US$30 million on Thursday when commercial banks and cambios sought a total US$83 million, leaving an unmet demand of US$53 million. 

 

Among the institutions making the largest purchasers of foreign currency are National Commercial Bank, JMMB Securities and JMMB Bank.

radiojamaicanewsonline.com

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