Net international reserves hit US$6.19 billion all-time apogee—BOJ
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Durant Pate/Contributor
The Bank of Jamaica (BOJ) states that the country’s net international reserves (NIR) increased by US$44.03 million to now stand at an all-time high of US$6.19 billion as of September 30.
This surpasses the previous peak of US$6.15 billion reported at the end of August. Foreign assets totalled US$6.21 billion, which is US$37.61 million more than the US$6.18 billion reported in August 2025. The current NIR supports approximately 51.27 weeks of goods imports and 32.01 weeks of goods and services imports.
‘Currency & Deposits’ held by the BOJ as at September 30 totalled US$3.49 billion, reflecting an increase of US$38.18 million compared to the US$3.45 billion reported in August 2025. ‘Securities’ were valued at US$2.46 billion, which is US$1.01 million less than the US$2.46 billion reported at the end of August 2025.
Jamaica’s special drawing rights with the International Monetary Fund (IMF) increased to US$219.24 million relative to the US$218.86 million recorded a month prior. SDRs are supplementary foreign exchange reserve assets defined and maintained by the IMF, which are not a currency but represent a claim to currency held by IMF member countries for which they may be exchanged.
‘IMF Reserve Position’ increased to US$37.50 million from the US$37.43 million reported last month. Liabilities to the IMF decreased by US$6.42 million to US$22.65 million, against the US$29.07 million reported at the end of August.
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