Radio Jamaica News Online
Bank of Jamaica Adds US$20 Million in Second Straight Day of Forex Sales
1 min read
The Bank of Jamaica placed an additional US$20 million on the foreign exchange market on Friday, continuing efforts to address sustained demand for hard currency.
The Friday sale came one day after the central bank supplied US$30 million on Thursday. Commercial banks and licensed cambios together requested US$83 million that day, meaning US$53 million in demand was not met.
National Commercial Bank was among the biggest buyers, alongside JMMB Securities and JMMB Bank.
Syndicated from Radio Jamaica News Online · originally published .
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