News

Bank of America charted the historical path of interest rates last week. Central banks have lifted borrowing costs away from "5,000-year lows" over the past year, strategists said.
Jamaica demonetizes old cotton banknotes. Learn about the transition to new polymer currency and what it means for transactions.
KINGSTON, Jamaica — The United States (US) dollar on Thursday, July 3, ended trading at $160.62, up by 27 cents, according to the Bank of Jamaica’s daily exchange trading summary. Meanwhile ...
The initiative was part of the joint Government of Jamaica/World Bank’s Foundations for Competitiveness and Growth Project. Orville’s secured a loan of over USD 30,000. With this money, he expanded ...
KINGSTON, Jamaica — The United States (US) dollar on Wednesday, June 25, ended trading at $161.21, up by eight cents, according to the Bank of Jamaica’s daily exchange trading summary ...
A bill authorizing the Bank of Jamaica to issue and back a central bank digital currency (CBDC) was passed unanimously in the Senate.
The Bank of Jamaica is preparing to issue a nationwide digital currency for the first time in its history following recent approval from legislators.
The technical assistance mission aimed to build capacity to enhance financial stability analyses and assessments in the Bank of Jamaica. It reviewed the latest available Financial Stability Report and ...
The Government of Jamaica (GOJ), the Development Bank of Jamaica, the Green Climate Fund (GCF), Inter-American Development Bank (IDB), the World Bank Group, European Investment Bank as part of Team ...
The cat bond attracted 15 global investors, providing the funding for catastrophe insurance to Jamaica for four hurricane seasons. “Jamaica is pleased to have sponsored the second catastrophe bond in ...
Massive returns across assets in the last two months of 2023 turned bond losses into gains, according to Deutsche Bank Research.