Bank of Jamaica to stick with US dollar reserves

The governor of the Bank of Jamaica, Derick Latibeaudiere, has said that the central bank will continue to maintain Jamaica's net international reserves (NIR) in U.S. dollars.

"The U.S. dollar is Jamaica's intervention currency and anything else is a speculation on the movement of other currencies and which we cannot entail," said Latibeaudiere at a quarterly press briefing at the central bank's downtown Kingston office.

The governor was responding to a query raised about the possibility of BoJ

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: