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A service for banking industry professionals · Wednesday, May 27, 2026 · 915,381,896 Articles · 3+ Million Readers
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Bank of Jamaica News Monitoring

  • Published on 06:50 GMT

    Byles leaves BOJ still frustrated by slow JAM-DEX adoption

    OUTGOING Bank of Jamaica (BOJ) Governor Richard Byles says wider adoption of Jam-Dex remains one of the unfinished ambitions he would have liked to see realised before leaving office in August when his contract expires. During his final press briefing on …

    Source: Jamaica Observer - Indeterminate
  • Published on May 26, 2026

    BOJ warns inflation could breach target

    The Bank of Jamaica in Kingston. THE central bank is forecasting that inflation could rise above the upper limit of its four to six per cent target range during the June and September 2026 quarters. According to the Bank of Jamaica (BOJ), rising …

    Source: Jamaica Observer - Indeterminate
  • Published on 04:36 GMT

    BOJ holds policy rate at 5.5 per cent

    The Bank of Jamaica (BOJ) Monetary Policy Committee (MPC) has unanimously agreed to maintain the policy rate on overnight placements by deposit-taking institutions at 5.5 per cent per annum. “The MPC also decided that Bank of Jamaica will continue special …

    Source: The Gleaner - Neutral
  • Published on 06:50 GMT

    Barita bets big after BOJ approval

    BRODBER...The platform is being shaped to be born digital rather than retrofitted into digital. BARITA Financial Group Limited has received Bank of Jamaica (BOJ) approval to operate as a financial holding company, completing a major restructuring that …

    Source: Jamaica Observer - Indeterminate
  • Published on 04:51 GMT

    Barita granted financial holding company licence

      The Bank of Jamaica has granted Barita Financial Group a licence to operate as a financial holding company, marking a major regulatory milestone for the expanding financial services group.    The licence allows the company to operate under the …

    Source: Radio Jamaica - Neutral
  • Published on 05:28 GMT

    Taxpayers forecast to pay $50m on controversial PPP

    By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net Bahamian taxpayers are scheduled to pay more than $50m for the Government’s Eight Mile Rock administrative complex, built by a contractor and developer linked to the general election day …

    Source: The Tribune (Bahamas) - Neutral
  • Published on May 26, 2026

    Sending home — part IIThe digital crossing

    Remittances to the Caribbean increased in 2016. IN the early 2010s, Diaspora senders began to notice something was wrong: Transfers that had moved reliably for years suddenly slowed, accounts were frozen, and familiar institutions stopped accepting …

    Source: Jamaica Observer - Indeterminate
  • Published on May 14, 2026

    Bank of Jamaica reports remittance increases in first two months of 2026

    The Bank of Jamaica in Kingston. Wikimedia Commons/Anatoly Terentiev Jamaica’s economy is showing renewed strength, largely driven by individuals sending money from outside of the country, according to the latest Bank of Jamaica (BOJ) report. In the …

    Source: Caribbean Life - New York - Pending
  • Published on May 13, 2026

    Bank of Jamaica advances plans for new facility beside French Embassy on Hillcrest

    The Bank of Jamaica (BOJ) has launched a tender for architectural and engineering consultants to design and oversee the construction of a new business continuity centre (BCC) on a 3.2-acre property near the French Embassy.  "The BOJ requires the …

    Source: The Gleaner - Neutral
  • Published on May 11, 2026

    Caribbean Round-up: The Bahamas’ rating increases, Guyana funds farmers, and Bank of Jamaica searches for new governor

    Moody’s Ratings has upgraded The Bahamas’ long-term ratings from “B1” to “Ba3” which changed the country’s outlook from stable to positive. The upgrade was a result of stronger fiscal performance, better government financing, lower borrowing needs, and …

    Source: Caribbean Life - New York - Pending
  • Published on May 25, 2026

    Sending home — Part I

    In 2025 Jamaicans living abroad sent home a record US$3.49 billion. FOR Jamaicans abroad, sending money home has never been just about money. In a living room in May Pen, Clarendon, one December evening not so long ago, an elderly woman sat forward on her …

    Source: Jamaica Observer - Indeterminate
  • Published on May 23, 2026

    BOJ pumps US$60 million into forex market this week

      Members of the productive sector were seeking significantly more foreign exchange this week than the amount supplied by the Bank of Jamaica to the market.    The central bank injected a total US$60 million over two days to support demand for US currency …

    Source: Radio Jamaica - Neutral
  • Published on May 3, 2026

    Body of woman found behind Bank of Jamaica building

    The body of a woman was discovered behind the Bank of Jamaica building on Sunday morning.   The police have launched a probe into the matter.    Superintendent Mischka Forbes, Commanding Officer for the Kingston Central Police, said the woman was found …

    Source: Radio Jamaica - Neutral
  • Published on May 22, 2026

    Inflation pressures mount

    The Bank of Jamaica says inflation pressures are expected to rise in the coming months as higher global oil prices and reconstruction spending linked to Hurricane Melissa increase costs across the economy.. JAMAICA’S inflation is heading above the Bank of …

    Source: Jamaica Observer - Indeterminate
  • Published on May 22, 2026

    BOJ holds policy interest rate at 5.5%

      The Bank of Jamaica has kept its policy interest rate unchanged at 5.50% per annum.    The central bank says the inflation outlook remains highly uncertain, pointing to continued sharp increases in international commodity prices, particularly crude oil …

    Source: Radio Jamaica - Neutral
  • Published on May 22, 2026

    BOJ injects US$30 million into forex market amid strong demand

      The Bank of Jamaica says demand for US currency significantly exceeded supply in its latest foreign exchange intervention operation.    According to the central bank, applications were opened on Thursday for the sale of US$30 million through its B-FXITT …

    Source: Radio Jamaica - Neutral
  • Published on Apr 28, 2026

    Jamaica launches search for new Bank of Jamaica Governor

    The Government of Jamaica has begun the process of selecting a new governor for the Bank of Jamaica (BOJ), as current governor Richard Byles prepares to complete his term in August 2026. Minister of Finance and the Public Service Fayval Williams made the …

    Source: Caribbean National Weekly - Neutral
  • Published on Apr 28, 2026

    Bank of Jamaica begins search for new governor

      The central bank has commenced the search for a new governor of the Bank of Jamaica.   The new governor will succeed Richard Byles, who is set to end his tenure on August 18.    Finance Minister Fayval Williams said the recruitment process will be guided …

    Source: Radio Jamaica - Neutral
  • Published on May 21, 2026

    Forex: $158.38 to one US dollar

    May 20, 2026 KINGSTON, Jamaica — The United States (US) dollar on Wednesday, May 20, ended trading at $158.38, down 45 cents, according to the Bank of Jamaica’s daily exchange trading summary. Meanwhile, the Canadian dollar ended trading at $115.20, down …

    Source: Jamaica Observer - Indeterminate

05 days 20:08:03

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