The Bank of Jamaica is reporting that the country's net international reserves climbed by US$73.2 million to approximately US$5.9 billion in April.
This is up from $5.8 billion in March.
The increase was due to a US$74 million spike in its foreign assets.
The country's foreign liabilities also climbed marginally from US$40.8 million to US$41.6 million during the period under review.
Remittances decline
In the meantime, the central bank said net remittances fell to US$2.9 billion during the fiscal year 2024-2025 compared with $3.1 billion during the previous year.
The BOJ says this was due to a fall in inflows to US$3.1 billion and outflows to US$212.5 million, compared with inflows of US$3.37 billion and outflows of US$233.6 million for the previous period.
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