“I could liken what we are going through now as a category five hurricane, that’s what it is. If we had not taken the steps that...
Bank of Jamaica (BOJ) announces its decision to increase the policy interest rate (the rate offered to deposit-taking institutions on overnight placements with BOJ) by 50...
Access to, and use of financial services will be made easier with the use of the digital payment wallet, Lynk. Digital payment wallets are the platforms...
In a statement on their website the Bank of Jamaica stated “Under the new ownership structure, AFSL has satisfied the Bank’s due diligence requirements.” AFSL is...
Earlier this year, Bank of Jamaica indicated a willingness to consider the use of Central Bank Digital Currency (CBDC). In a step further, the Bank is...
Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered to deposit-taking institutions on overnight placements with Bank of Jamaica) unchanged...
Bank of Jamaica has reduced the cash reserve requirements of deposit-taking institutions (DTIs) by two percentage points, effective 15 May 2020. The foreign currency cash reserve...
Bank of Jamaica (BOJ) Governor, Richard Byles, says he is awaiting feedback from financial institutions regarding a proposal that they consider initiating forward contracts for the...
The Bank of Jamaica (BOJ) has announced that it will be maintaining the policy interest rate offered on overnight balances from deposit-taking institutions at 0.50 per...
The Bank of Jamaica (BOJ) says the 4.3 per cent rate of inflation recorded for July 2019 represents the third consecutive month that the out-turn remained...