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BOJ accepts 140 offers for its $14 billion certificate of deposit

The Bank of Jamaica says investors submitted 158 offers valid at $23.6 billion for the $14 billion it wanted to take out of circulation with another fixed rate 30-day certificate of deposit.
 
The instrument is aimed at stabilising the dollar which has been under pressure since the global trade war started.
 
The bank however said it accepted only 140 offers for the $14 billion it wanted to take out of circulation.


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