Increase in NIR during April

The Bank of Jamaica (BOJ), said that country’s Net international reserve (NIR), increased in April.
According to the Central Bank, the NIR stood at US$ 3.73 billion, up from US$3.67 billion.
The reserves could cover 47 weeks of  goods for import.
Meanwhile, less local currency was in circulation at the end of  April - J$203.9 billion was circulating versus $207. 9 billion in March, while $6-million  in the form of  central bank digital currency was in circulation.

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