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9.6

Bank of Jamaica initiates B-FXITT standard USD sell operation

The Bank of Jamaica has announced a standard intervention to sell US Dollars via the B-FXITT platform to manage liquidity. This routine operation aims to stabilize the local currency exchange rate, though the specific volume of the intervention remains undisclosed.

Bank of Jamaicaabout 1 hour agoJMCredibility 60%View source

Score Breakdown

Mosaic Score9.6
Confidence0.9
Significance0.5
Source credibility0.6

Intelligence Tags

Locations

Kingston
Source

Related signals

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