The Bank of Jamaica (BOJ) is reporting that Jamaica’s gross national reserves now stand at 3.57 b US, placing the country in a good position to respond to external shocks.
This was disclosed by Central Bank Governor Brian Wynter .
Mr. Wynter says with the figure at US $3.57 b the country has more than the required level of reserves that it needs.
The BOJ Governor notes that the stability of the nation’s reserves is possibly contributing to a more positive outlook for Jamaica as an investment destination.