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Sat, 31 July 2010

IMF funds trigger rate cut Print E-mail

imf_funds_trigger_rate_cu_tnt.jpg The Bank of Jamaica on February 9, 2010, following a confidence-boosting injection of funds from the IMF, reduced by fifty basis points to ten percent – the rate on its key thirty-day open-market instrument, signalling the downward trend in interest rate.

 
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