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Russell returned unopposed as MoBay chamber president
Latest News, ...
Russell returned unopposed as MoBay chamber president
May 27 09:27 PM
ST JAMES, Jamaica — Businessman Jason Russell will continue in his role as head of the Montego Bay Chamber of Commerce for another year. He was reelec...
{"jamaica-observer":"Jamaica Observer"}
Jetour Jamaica officially launches, unveils new vehicles
Business, ...
Jetour Jamaica officially launches, unveils new vehicles
May 27 09:26 PM
Jetour Jamaica officially marked its arrival on the local automotive landscape on Sunday with a grand launch event at its Mary Brown’s Corner showroom...
{"jamaica-observer":"Jamaica Observer"}
Explosion reported at downtown Kingston KFC restaurant
Latest News, ...
Explosion reported at downtown Kingston KFC restaurant
May 27 08:45 PM
KINGSTON, Jamaica — Two technicians sustained burn injuries following an explosion at a KFC restaurant in downtown Kingston earlier Wednesday, accordi...
{"jamaica-observer":"Jamaica Observer"}
No lawyer yet for St James man accused of killing American wife
Latest News, ...
No lawyer yet for St James man accused of killing American wife
May 27 07:29 PM
ST JAMES, Jamaica — A St James man accused of murdering his American wife who was in the country celebrating her birthday, appeared in court without a...
{"jamaica-observer":"Jamaica Observer"}
Firgo Diamond talks greed, betrayal in new single ‘Big Shark’
Entertainment, ...
Firgo Diamond talks greed, betrayal in new single ‘Big Shark’
May 27 06:39 PM
KINGSTON, Jamaica — Rising reggae/dancehall artiste Firgo Diamond is making a bold statement with his new single “ Big Shark ,” a socially conscious t...
{"jamaica-observer":"Jamaica Observer"}
Gas prices down $0.25, diesel down $0.25
Latest News, ...
Gas prices down $0.25, diesel down $0.25
May 27 05:13 PM
KINGSTON, Jamaica — Motorists should see an increase at the pumps in the price of gasoline effective Thursday, May 28, according to the latest ex-refi...
{"jamaica-observer":"Jamaica Observer"}
Forex: $158.08 to one US dollar
Latest News
Forex: $158.08 to one US dollar
May 27 04:53 PM
KINGSTON, Jamaica — The United States (US) dollar on Thursday, May 27, ended trading at $158.08, up 18 cents, according to the Bank of Jamaica’s daily...
{"jamaica-observer":"Jamaica Observer"}
Reggae Boyz qualify for Unity Cup final after beating India 2-0
Latest News, ...
Reggae Boyz qualify for Unity Cup final after beating India 2-0
May 27 04:45 PM
KINGSTON, Jamaica — Jamaica’s Reggae Boyz qualified for back- to- back finals in the 2026 Unity Cup after beating debutants India 2-0 in their semi-fi...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Bank of Jamaica

BOJ warns inflation could breach target
Business, Latest News
BOJ warns inflation could breach target
BY CODIE-ANN BARRETT Senior business reporter barrettc@jamaicaobserver.com 
May 26, 2026
THE central bank is forecasting that inflation could rise above the upper limit of its four to six per cent target range during the June and September...
{"jamaica-observer":"Jamaica Observer"}
Forex: $157.57 to one US dollar
Latest News
Forex: $157.57 to one US dollar
May 22, 2026
KINGSTON, Jamaica — The United States (US) dollar on Thursday, May 22, ended trading at $157.57, down 81 cents, according to the Bank of Jamaica’s dai...
{"jamaica-observer":"Jamaica Observer"}
Committee appointed to search for new BOJ governor
Latest News, News
Committee appointed to search for new BOJ governor
April 27, 2026
KINGSTON, Jamaica -- Minister of Finance and the Public Service Fayval Williams on Monday announced the commencement of the search for a new governor ...
{"jamaica-observer":"Jamaica Observer"}
Forex: $159.27 to one US dollar
Latest News
Forex: $159.27 to one US dollar
April 15, 2026
KINGSTON, Jamaica — The United States (US) dollar on Wednesday, April 15, ended trading at $159.27 down 5 cents, according to the Bank of Jamaica’s da...
{"jamaica-observer":"Jamaica Observer"}
Forex: $158.72 to one US dollar
Latest News
Forex: $158.72 to one US dollar
April 7, 2026
KINGSTON, Jamaica — The United States (US) dollar on Tuesday, April 7,  ended trading at $158.72, down 19 cents, according to the Bank of Jamaica’s da...
Telegram
{"jamaica-observer":"Jamaica Observer"}
Byles to headline Caribbean CFO Summit
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Byles to headline Caribbean CFO Summit
March 24, 2026
KINGSTON, Jamaica — Bank of Jamaica (BOJ) Governor Richard Byles will open the virtual Caribbean Chief Financial Officer (CFO) Summit on Tuesday as th...
Telegram
{"jamaica-observer":"Jamaica Observer"}
One in eight ABMs still down months after hurricane — BOJ data
Business, Latest News
One in eight ABMs still down months after hurricane — BOJ data
March 21, 2026
KINGSTON, Jamaica  —  Jamaica’s automated banking machine (ABM) network remains short of full recovery months after Hurricane Melissa, with roughly on...
Telegram
{"jamaica-observer":"Jamaica Observer"}
BOJ cuts policy rate to 5.5 per cent in cautious adjustment
Latest News, News
BOJ cuts policy rate to 5.5 per cent in cautious adjustment
February 24, 2026
KINGSTON, Jamaica — The Bank of Jamaica (BOJ) Monetary Policy Committee (MPC) has unanimously agreed to lower the policy rate on overnight placements ...
Telegram
{"jamaica-observer":"Jamaica Observer"}
Bank of Jamaica temporarily waives ACH penalty
Latest News, News
Bank of Jamaica temporarily waives ACH penalty
December 23, 2025
KINGSTON, Jamaica — The Bank of Jamaica (BOJ) has announced a temporary waiver of penalty charges for certain Automated Clearing House (ACH) transacti...
Telegram
{"jamaica-observer":"Jamaica Observer"}
Bank of Jamaica wins 2025 Best Central Bank award
Business, Latest News
Bank of Jamaica wins 2025 Best Central Bank award
November 28, 2025
KINGSTON, Jamaica — The Bank of Jamaica (BOJ) said on Wednesday it received the Best Bank Award 2025 from the international financial publication Glob...
Telegram
{"jamaica-observer":"Jamaica Observer"}
Banks urge cash-back use as ABM network crippled by Hurricane Melissa
Latest News, News
Banks urge cash-back use as ABM network crippled by Hurricane Melissa
November 3, 2025
KINGSTON, Jamaica — With much of Jamaica’s Automated Banking Machine (ABM) network disabled by Hurricane Melissa, banks are urging customers to use th...
Telegram
{"jamaica-observer":"Jamaica Observer"}
Cotton banknotes to be phased out by July 1 – BOJ
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Cotton banknotes to be phased out by July 1 – BOJ
June 9, 2025
KINGSTON, Jamaica — The Bank of Jamaica (BOJ) is reminding Jamaicans that cotton banknotes will no longer be legal tender after 1 July 2025, as the co...
Telegram
{"jamaica-observer":"Jamaica Observer"}
Old cotton banknotes will not be legal tender as of July 1
Latest News, News
Old cotton banknotes will not be legal tender as of July 1
April 6, 2025
The Bank of Jamaica (BOJ) has advised that effective July 1, 2025, the old cotton banknotes comprised of the $5000, $1000, $500, $100 and $50 denomina...
Telegram
{"jamaica-observer":"Jamaica Observer"}
BoJ holds rate steady
Business, Latest News
BoJ holds rate steady
DASHAN HENDRICKS Business Content Manager hendricksd@jamaicaobserver.com 
March 30, 2025
The Bank of Jamaica (BOJ) held its policy rate at six per cent during its March 2025 Monetary Policy Committee (MPC) meetings, citing confidence in th...
Telegram
{"jamaica-observer":"Jamaica Observer"}
BOJ governor highlights 15 years of economic growth fuelled by multilateral partnerships
Latest News, News
BOJ governor highlights 15 years of economic growth fuelled by multilateral partnerships
March 10, 2025
KINGSTON, Jamaica - Bank of Jamaica (BOJ) Governor, Richard Byles, has underscored the pivotal role of multilateral partnerships in driving the countr...
Telegram
{"jamaica-observer":"Jamaica Observer"}
Latest News, Observer+ News
Gov’t committed to building resilient financial system – Williams
December 16, 2024
Minister of Finance Fayval Williams says the Government is committed to strengthening Jamaica’s financial regulatory framework to build a foundation f...
Telegram
{"jamaica-observer":"Jamaica Observer", "value-added-section":"Value Added Section"}
ABMs should be ready for Christmas – BOJ
Crime Watch, Latest News, News
ABMs should be ready for Christmas – BOJ
November 27, 2024
KINGSTON, Jamaica - Deputy Governor of the Bank of Jamaica (BOJ), Jide Lewis, says that all banks are expected to be prepared for the increased demand...
Telegram
{"jamaica-observer":"Jamaica Observer"}
BOJ reduces interest rate to 6.5%
Business, Latest News, News
BOJ reduces interest rate to 6.5%
September 30, 2024
KINGSTON, Jamaica – The Bank of Jamaica (BOJ) cut interest rates by 25 basis points (bps) to 6.50 per cent per annum, in a move the central bank said ...
Telegram
{"jamaica-observer":"Jamaica Observer"}
BOJ received over 400 complaints from customers of deposit-taking institutions in 2023 says deputy governor
Latest News, News
BOJ received over 400 complaints from customers of deposit-taking institutions in 2023 says deputy governor
July 21, 2024
KINGSTON, Jamaica — The Bank of Jamaica (BOJ) received over 400 complaints from customers of deposit-taking institutions (DTIs) in 2023, a sharp incre...
Telegram
{"jamaica-observer":"Jamaica Observer"}
Hylton proposes legislation to allow depositors who have been defrauded to pursue civil suits against banks, employees
Latest News, News
Hylton proposes legislation to allow depositors who have been defrauded to pursue civil suits against banks, employees
July 20, 2024
KINGSTON, Jamaica — An Opposition lawmaker is proposing that legislation be introduced that would allow persons whose accounts have been fraudulently ...
Telegram
{"jamaica-observer":"Jamaica Observer"}
Jamaicans will be able to move accounts from one bank to the next in two years — Clarke
Latest News, News
Jamaicans will be able to move accounts from one bank to the next in two years — Clarke
July 9, 2024
KINGSTON, Jamaica — Jamaicans will, in the next two years, be able to move accounts from one financial institution to the next, as part of a Bank of J...
Telegram
{"jamaica-observer":"Jamaica Observer"}
Jamaican homeowners buckling under higher mortgage rates
Latest News, News
Jamaican homeowners buckling under higher mortgage rates
Monthly payments increase by tens of thousands of dollars
Shereita Grizzle | Observer Staff Reporter 
May 30, 2024
Jamaican authorities are being urged to find workable solutions for homeowners facing financial hardship from rising mortgage rates. Several homeowner...
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{"jamaica-observer":"Jamaica Observer"}
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Russell returned unopposed as MoBay chamber president
Latest News, ...
Russell returned unopposed as MoBay chamber president
May 27, 2026
ST JAMES, Jamaica — Businessman Jason Russell will continue in his role as head of the Montego Bay Chamber of Commerce for another year. He was reelec...
{"jamaica-observer":"Jamaica Observer"}
Jetour Jamaica officially launches, unveils new vehicles
Business, ...
Jetour Jamaica officially launches, unveils new vehicles
May 27, 2026
Jetour Jamaica officially marked its arrival on the local automotive landscape on Sunday with a grand launch event at its Mary Brown’s Corner showroom...
{"jamaica-observer":"Jamaica Observer"}
Explosion reported at downtown Kingston KFC restaurant
Latest News, ...
Explosion reported at downtown Kingston KFC restaurant
May 27, 2026
KINGSTON, Jamaica — Two technicians sustained burn injuries following an explosion at a KFC restaurant in downtown Kingston earlier Wednesday, accordi...
{"jamaica-observer":"Jamaica Observer"}
No lawyer yet for St James man accused of killing American wife
Latest News, ...
No lawyer yet for St James man accused of killing American wife
May 27, 2026
ST JAMES, Jamaica — A St James man accused of murdering his American wife who was in the country celebrating her birthday, appeared in court without a...
{"jamaica-observer":"Jamaica Observer"}
Firgo Diamond talks greed, betrayal in new single ‘Big Shark’
Entertainment, ...
Firgo Diamond talks greed, betrayal in new single ‘Big Shark’
May 27, 2026
KINGSTON, Jamaica — Rising reggae/dancehall artiste Firgo Diamond is making a bold statement with his new single “ Big Shark ,” a socially conscious t...
{"jamaica-observer":"Jamaica Observer"}

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