BOJ relaxes cash-reserve policy

Posted on July 2, 2010July 27, 2010 by Your Financial FactSheet

Jamaica Gleaner: “BOJ relaxes cash-reserve policy”

The Bank of Jamaica (BOJ) has cut by two percentage points the cash reserve requirements for Jamaican-dollar liabilities of deposit-taking institutions, moving it to 12 per cent, with a similar reduction in the liquid assets requirement.

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