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BOJ intervenes in forex market again

 
The Bank of Jamaica (BOJ) has again intervened in the foreign exchange market. 
 
It pumped another US$30 million into the system on Wednesday - the 19th intervention this year - bringing the total to US$530 million so far. 
 
The National Commercial Bank purchased $6 million; JMMB Securities took $5.6 million; Grace Kennedy Trading Services, $3.7 million; JMMB Bank and First Global $3.4 million each; JN Bank, $2.2 million; and Alliance Financial, $2 million.
 


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