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JAM | May 10, 2026

Jamaica’s NIR drops by US$454.62 million

/ Our Today

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External view of the Bank of Jamaica along the Kingston waterfront in the downtown business district of the capital. (Photo: Paul Hines for Google.com)

Jamaica’s Net International Reserves (NIR) has declined US$454.62 million to US$6.45 billion, as at the end of April coming from US$6.90 billion the previous month of March 31, 2026.

Presently, the country’s foreign exchange reserves are US$592.84 million, or 10.12% more than the US$5.85 billion held by the Bank of Jamaica (BOJ) at the end of April 2025. The current NIR supports approximately 39.87 weeks of goods imports and 26.41 weeks of goods and services imports.

Foreign assets totalled US$6.46 billion, which is US$451.51 million less than the US$6.91 billion reported in March 2026. ‘Currency & Deposits’ held by the BOJ as at April 30, 2026, totalled US$3.29 billion, reflecting a decrease of US$436.24 million compared to the US$3.73 billion reported in March 2026.

‘Securities’ were valued at US$2.93 billion, which US$20.89 million less than the US$2.95 billion reported at the end of March 2026. Jamaica’s Special Drawing Rights with the International Monetary Fund (IMF) decreased to US$192.88 million relative to the US$190.68 million recorded a month prior.

Liabilities to the IMF increased to reach US$9.71 million, reflecting a US$0.11 million rise. Jamaica’s IMF Reserve Position’ increased to US$37.52 million from the US$37.10 million reported last month.

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