The Bank of Jamaica (BOJ) intervened in the foreign exchange market with US$30 million on Wednesday morning.
The central bank instructed successful market participants to resell the funds obtained to those who want money to pay bills for capital goods, spare parts and raw materials for no more than 20 Jamaican cents above the price at which they purchased these funds.
It also indicated that the minimum amount which can be applied for was $100,000.
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