Jamaica’s NIR drops

Jamaica’s Net International Reserves declined by US$35 million in April moving from US$5.137 billion at the end of March this year to US$5.102 billion at the end of April 2024, data recently released by Bank of Jamaica show.
The balance at the end of April which exceeds the balance of US$4.76 billion at the end of December last year represents 25.78 weeks of Goods & Services Imports and 37.51 weeks of imports of goods, the Bank of Jamaica report stated.

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