Durrant Pate/Contributor

Jamaica’s net international reserves (NIR) are inching closer to another record of US$6 billion, growing by US$36.02 million to stand at US$5.83 billion as at June 30.

This is above the US$5.79 billion reported at the end of May 2025. At its present level, the NIR supports approximately 48.57 weeks of goods imports and 30.46 weeks of goods and services imports.

The country’s foreign exchange reserves are US$650.52 million or 13 per cent more than the US$5.18 billion held by the Bank of Jamaica (BOJ) at the end of June 2024. Jamaica’s foreign assets totalled US$5.86 billion, which is US$23.58 million more than the US$5.84 billion reported in May 2025.

‘Currency & Deposits’ held by the BOJ as at June 30, 2025, totalled US$3.23 billion, reflecting a decrease of US$296.49 million compared to the US$3.52 billion reported in May 2025. ‘Securities’ were valued at US$2.36 billion, which is US$316.67 million more than the US$2.04 billion reported at the end of May 2025.

The country’s special drawing rights (SDRs) with the International Monetary Fund (IMF) increased to US$232.53 million for June 2025 relative to the US$229.61 million recorded a month prior. Jamaica’s ‘IMF Reserve Position’ went up by US$37.58 million from the US$37.11 million reported last month. 

At the same time, Jamaica’s liabilities to the IMF went down decreased by US$12.44 million to US$29.18 million compared to the US$41.62 million reported at the end of May 2025.