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BOJ

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Bank of Jamaica Announces Monetary Policy Adjustment

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The Bank of Jamaica (BOJ) has announced a reduction in its policy interest rate to 6.25 per cent, effective November 22, 2024. This decision was...
Economics

BOJ Expected to Continue Easing of Monetary Policy

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Economic Programme Oversight Committee (EPOC) Chairman, Keith Duncan, says it is expected that the Bank of Jamaica (BOJ) will continue to ease monetary policy...
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Jamaica | BOJ Leads Initiative to Develop Centralised eKYC Public Utility System

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The Bank of Jamaica (BOJ) is currently leading an initiative to develop a centralised electronic Know Your Customer (eKYC) public utility system, which will...
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Jamaica’s Economy Continues on Strong Growth Path

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Jamaica’s economy is estimated to have grown in the range of four to 5.5 per cent for fiscal year 2022/23. This out-turn, according to Bank...
Economics

Jamaica | BOJ Approves Banking Transactions Utilising NIDS When Fully Operational

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The Bank of Jamaica has given National Commercial Bank (NCB) the approval to pursue three use cases that integrate the services of the National...
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Jamaica – BOJ Governor and JSE Head for ‘Lets Connect’ with Ambassador Marks

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Governor of the Bank of Jamaica (BOJ), Richard Byles and Managing Director of the Jamaica Stock Exchange (JSE), Dr. Marlene Street Forrest, will be...
Economics

Jamaica – BOJ Pursues Initiative to Benefit Persons Who Save at Commercial Banks

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The Bank of Jamaica (BOJ) has started to publish, in newspapers, the interest rates paid by all commercial banks on all types of deposit...
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Jamaica – BOJ Projects Growth Within Range of 2.5 % and 4.5 % for 2022/23

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The Bank of Jamaica (BOJ) is projecting 2022/23 fiscal year growth to be within the range of 2.5 per cent and 4.5 per cent. Governor,...
Economics

Jamaica – Foreign Exchange Market Remains Relatively Stable says BOJ Governor

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Jamaica’s foreign exchange market has remained relatively stable since the start of the year. Bank of Jamaica (BOJ) Governor, Richard Byles, says this partly reflects...

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