BOJ kicks off 2024 with first currency flash sale

The Bank of Jamaica (BOJ) has infused US$30 million into the foreign currency market through its first currency flash sale of 2024.

- Advertisement -

Successful bidders

Reports are that in this venture, six banks and two cambios have been declared successful in their bids, as reported by the central bank.

Recipients

The larger shares of the sum on offer went to National Commercial Bank Jamaica, Jamaican National Bank, and Barita Investments.

More Stories

Dhiru Tanna

JN Group pays tribute to late Deputy Chairman Dr Dhiru Tanna

The Jamaica National Group is mourning the loss of its Deputy Chairman, Dr Dhiru Tanna, who has been remembered as an influential force behind...

How Caribbean families in Florida grow generational wealth

You already work hard, but the real question is this: are you building something that lasts beyond your time? Many Caribbean families in South...
Jamaica’s unemployment rate falls to record low

How to get enterprise features on an affordable work-from-home plan

Enterprises and growing SMBs can deliver secure, compliant work-from-home experiences without paying a premium for all-in-suite price. This listicle outlines practical selection priorities and...
Jamaica Ed Bartlett Gastronomy Academy

Minister Bartlett calls for Caribbean Tourism Bank

Jamaica's Tourism Minister Edmund Bartlett is calling for the creation of a dedicated Caribbean Tourism Bank, urging the Inter-American Development Bank to champion a...
World Bank says global economy not growing fast enough to alleviate poverty

Latin America and the Caribbean growth slows in 2026, World Bank says

Economic growth in Latin America and the Caribbean (LAC) is projected to slow to 2.1 percent in 2026, down from 2.4 percent in 2025,...
miami connected

Caribbean employers urged to invest in workforce development through online learning

As Caribbean workers face growing challenges in accessing higher education overseas, business leaders say online learning is emerging as a practical and scalable solution...

Can direct vs. indirect investing for NRIs change your future?

Consider the case of an NRI in New Zealand, where world markets are moving at an unprecedented pace. As of March 2025, New Zealanders...
Grenada says no to international bidding for the CDB Schools furniture project

CDB approves US$50 million loan to support Guyana

The Caribbean Development Bank (CDB) has approved US$50 million in financing for Guyana through its Second Environmental Sector Policy-Based Loan (PBL), aimed at strengthening...

How creative businesses in South Carolina navigate group health insurance

For creative businesses—production companies, music studios, touring operations—health insurance isn't just a checkbox on an HR form. It's a retention tool, a recruiting advantage,...

Jamaica launches secondary market for government securities in major financial milestone

Jamaica’s financial sector reached a major milestone with the official launch of the Jamaica Stock Exchange’s (JSE) secondary market for Government of Jamaica (GOJ)...

Latest Articles