The Bank of Jamaica said it would intervene in the foreign exchange market with another US$20 million on Friday after intervening with the same amount on Thursday.
The bank once again instructed authorised foreign exchange dealers and cambios to sell the money purchased to businesses which want to pay for capital and intermediate goods as well as raw materials and essential services.
The central bank also stressed that the dealers and the cambios must not sell the US dollar for more than 20 cents above the price at which it sold them.
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