Bank of Jamaica

Bank of Jamaica
HeadquartersKingston, Jamaica
EstablishedMay 1, 1961
Ownership100% state ownership[1]
GovernorRichard Byles (effective August 19, 2019)
Central bank ofJamaica
CurrencyJamaican dollar
JMD (ISO 4217)
Reserves2 660 million USD[1]
Interest on reserves5.50%[2]
Websitewww.boj.org.jm

The Bank of Jamaica (Jamaican Patois: Bangk a Jumieka) is the central bank of Jamaica located in Kingston. It was established by the Bank of Jamaica Act 1960[3] and was opened on May 1, 1961.

It is responsible for the monetary policy of Jamaica on the instruction of the Minister of Finance.

  1. ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ www.boj.org.jm
  3. ^ "Bank of Jamaica Act 1960" (PDF). Archived from the original (PDF) on 4 March 2016. Retrieved 21 January 2018.