FX Market Interventions Cost USD$2.5-billion in 5yrs - Nationwide 90FM

Jamaica’s interventions in the foreign exchange market have cost the country USD$2.5-billion or JMD$320-billion over the past five years. The figure was revealed by the IMF’s Mission Chief to Jamaica, Dr. Uma Ramakrishnan while speaking with journalists via video conference today, after the country’s successful completion of the fourth review under the Standby Agreement with […]

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FX Market Interventions Cost USD$2.5-billion in 5yrs - Nationwide 90FM