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BOJ makes US$30 million intervention in forex market

 
The Bank of Jamaica says the demand for US dollars is still running ahead of supply, although it intervened in the foreign exchange market for another US$30 million on Tuesday. 
 
This marks the 20th intervention with a total of US$580 million since the start of the year. 
 
NCB Financial Group purchased $6 million or 20 per cent of Tuesday's $30 million, GraceKennedy Trading Services purchased $5 million, Citibank $3.5 million and JMMB $2.5 million.
 


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