BOJ Intervenes in the FX Market

  • Bank of Jamaica intervened in the foreign exchange market yesterday 11 July 2019, with an offer of US$30Mn sold to authorized dealers and large cambios by means of Bank of Jamaica‚Äôs Foreign Exchange Intervention and Trading Tool (B-FXITT).
  • This intervention is intended to address temporary demand and supply imbalances in the market.

(Source: Bank of Jamaica)