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