The Bank of Jamaica says the country's monetary base rose in November, moving from about $430 billion in October to roughly $435 billion.
This was mainly due to a larger amount of currency in circulation, which climbed by about $13 billion.
Most of that increase came from bank notes, while coins saw only a small uptick.
Statutory reserves held by commercial banks also grew slightly, but balances in their current accounts at the central bank fell by nearly $9 billion.
The monetary base represents the sum of currency in circulation and reserves, and is linked to the difference between Jamaica's net international reserves and its domestic assets.
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