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Jamaica FOREX Trading Newswire

  • Published on May 23, 2025

    Forex: $159.47 to one US dollar

    May 22, 2025   KINGSTON, Jamaica – The US dollar on Thursday, May 22, ended trading at $159.47 down by 21 cents according to the Bank of Jamaica’s daily exchange trading summary. Meanwhile, the Canadian dollar ended trading at $115.28 down from $115.30 and …

    Source: Jamaica Observer - Indeterminate
  • Published on May 22, 2025

    Jamaica’s Prices Holding Steady Despite US Tariff Tensions.

    - Advertisement - The Bank of Jamaica (BOJ) says that new US tariffs are not likely to raise prices much in Jamaica—at least not at first. BOJ Governor Richard Byles said the bank looked at different possible effects of the US policies and found that the …

    Source: The St Kitts Nevis Observer - Pending
  • Published on May 22, 2025

    Bank of Jamaica anticipates minimal price disruptions from US tariffs

    The Bank of Jamaica (BOJ) Monetary Policy Committee (MPC) projects that the initial impact of rising US tariffs on prices in Jamaica will be minimal. “In assessing the near-term outlook, the Monetary Policy Committee contemplated the implications for the …

    Source: Loop News - Pending
  • Published on May 22, 2025

    BOJ pumped $1.1 billion into forex market from April 2024 to April 2025

      Bank of Jamaica Governor Richard Byles says the BOJ pumped $1.1 billion into the foreign exchange market between April 2024 and the end of April this year in order to keep the fall in the value of the dollar to 2% for the period May 2024 to May 14, 2025 …

    Source: Radio Jamaica - Neutral
  • Published on May 22, 2025

    Forex: $159.68 to one US dollar

    forex May 21, 2025 KINGSTON, Jamaica – The US dollar on Wednesday, May 20, ended trading at $159.68 up by 19 cents according to the Bank of Jamaica’s daily exchange trading summary. Meanwhile, the Canadian dollar ended trading at $115.30 up from $114.35 …

    Source: Jamaica Observer - Indeterminate
  • Published on May 21, 2025

    Bank of Jamaica lowers policy interest rate from 6% to 5.75%

    The Bank of Jamaica has announced a 25 basis point cut in its policy interest rate, lowering it from 6% to 5.75% per annum, effective today, May 21.   The move was unanimously agreed by the BOJ's Monetary Policy Committee, which says the decision comes …

    Source: Radio Jamaica - Neutral
  • Published on May 23, 2025

    Byles pleads with banks to be magnanimous on interest rates

    Following a further reduction in its policy rate, the Bank of Jamaica, BOJ, is again urging commercial banks to reduce their lending rates to their customers. The BOJ has lowered the cost of short-term borrowing for commercial banks by 25 basis points, …

    Source: The Gleaner - Neutral
  • Published on May 20, 2025

    Forex: $159.49 to one US dollar

    May 20, 2025 KINGSTON, Jamaica – The US dollar on Tuesday, May 20, ended trading at $159.49 down by 21 cents according to the Bank of Jamaica’s daily exchange trading summary. Meanwhile, the Canadian dollar ended trading at $114.35 up from $113.34 and the …

    Source: Jamaica Observer - Indeterminate
  • Published on May 22, 2025

    BOJ Monetary Policy Committee Agrees to Reduce the Policy Rate by 25 Basis Points

    The Bank of Jamaica (BOJ) Monetary Policy Committee (MPC) has unanimously agreed to reduce the policy rate by 25 basis points from six per cent to 5.75 per cent per annum, effective May 21. The policy rate is offered to deposit-taking institutions (DTIs) …

    Source: Jamaica Information Service - Gov't Institution
  • Published on May 20, 2025

    Forex: $159.70 to one US dollar

    May 19, 2025 KINGSTON, Jamaica – The US dollar on Monday, May 19, ended trading at $159.70 up by 54 cents according to the Bank of Jamaica’s daily exchange trading summary. Meanwhile, the Canadian dollar ended trading at $113.34 down from $115.21 and the …

    Source: Jamaica Observer - Indeterminate
  • Published on May 23, 2025

    Value-added poultry in demand; Caricom calls for regional investment

    Shaun Baugh, programme manager for agriculture and agro-industrial development at the Caricom Secretariat in Guyana (Photo: Leo Hudson) CARICOM member states are being urged to produce more value-added poultry products, as just US$1 million worth currently …

    Source: Jamaica Observer - Indeterminate
  • Published on May 22, 2025

    Caribbean Flavours and Fragrances Ltd reports record-breaking Q1 results

    Caribbean Flavours and Fragrances Limited (CFF), a leading manufacturer and supplier of flavours, fragrances and ingredients in the Caribbean, has reported strong financial results for the first quarter ended March 31, 2025. The company recorded a 20.73 …

    Source: Loop News - Pending
  • Published on May 22, 2025

    Group CEO, David Affonso: Massy seeking foreign supermarket expansion

    Massy Group CEO, David Af­fon­so, says the com­pa­ny is look­ing to ex­pand its re­tail and dis­tri­b­u­tion busi­ness in the south­ern US and then in Guyana. In an in­ter­view last Thurs­day, in the group’s new ex­ec­u­tive suite at In­vaders Bay in Port- …

    Source: Trinidad and Tobago Guardian - Indeterminate
  • Published on May 22, 2025

    Prestige Holdings targets regional markets

    In ad­di­tion to grow­ing its foot­print lo­cal­ly, fran­chise restau­rant op­er­a­tor, Pres­tige Hold­ings Ltd (PHL), has ramped up its ex­pan­sion plans to oth­er re­gion­al mar­kets in Ja­maica and Guyana, which ju­ris­dic­tions of­fer rel­a­tive­ly …

    Source: Trinidad and Tobago Guardian - Indeterminate
  • Published on May 22, 2025

    T&T video game studios can make billions

    Jonathan Bha­gan Some may still think of video games as child­ish di­ver­sions, but gam­ing and re­lat­ed tech­nolo­gies are ma­jor dri­vers of the world econ­o­my and helped bring about the AI rev­o­lu­tion. France has a GDP of US$3 tril­lion and is one …

    Source: Trinidad and Tobago Guardian - Indeterminate
  • Published on May 21, 2025

    Sluggish remittance market weighs down GK money services

    As GKMS continues to scale up and improve operational efficiencies, the division says it is expecting to witness some long-term benefits from its GK One digital remittance platform, which it hopes will ease current pressure on earnings. THE performance of …

    Source: Jamaica Observer - Indeterminate
  • Published on May 20, 2025

    Tourism potential untapped in T&T, says CHTA president

    President of the Caribbean Hotel and Tourism Association (CHTA), Sanovnik Destang, has expressed his willingness to work with the newly elected government of Trinidad and Tobago to elevate tourism as a key revenue generator for the country. Speaking with …

    Source: Loop News - Pending
  • Published on May 20, 2025

    Editorial | Reviving agriculture

    Prime Minister Andrew Holness’ identification of the inadequacy of a “commercial ecosystem that supports long-term investment” by farmers, correctly diagnosed a critical problem affecting Jamaica’s agriculture sector. But only one of them. And it won’t be …

    Source: The Gleaner - Neutral
  • Published on May 20, 2025

    Bryden Q1 profit rises 17.25%

    AS Bry­den & Sons Hold­ings yes­ter­day re­port­ed af­ter-tax prof­it of $21.97 mil­lion for the first three months of its 2025 fi­nan­cial year, an in­crease of 17.25 per cent com­pared with the $18.75 mil­lion the group earned for the same pe­ri­od …

    Source: Trinidad and Tobago Guardian - Indeterminate
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