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BOJ pumps US$30 million into forex market

The Bank of Jamaica says it received 47 bids valued at US$77 million for the US$30 million it pumped into the foreign exchange market on Tuesday in order to stabilise the dollar and contain inflation. 
 
The bank, however, says it accepted only 20 bids, valued at US$30 million, it offered to the market at an average exchange rate of $159.35
for one US dollar. 
 


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