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BOJ pumps another US$30 million into forex market

 
The Bank of Jamaica (BOJ) intervened in the foreign exchange market with another US$30 million on Friday following Thursday's intervention with a similar amount. 
 
This is a 23rd intervention in the foreign exchange market since the start of this year, pushing the total amount to US$620 million. 
 
The central bank's intervention comes despite the IMF saying it is intervening in the market too frequently. 
 
The weighted average rate for the US dollar was $160.44.


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