Net International Reserves Continues To Dip – May 2014

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According to the latest available data from the  Bank of Jamaica as at the end of May 2014, Jamaica’s Net International Reserves fell by 120 million US dollar to US$1,164.77 million, this was mainly due to a 204 million US dollar decline in Foreign Assets.

The end of May Reserves are sufficient to purchase 12.66 weeks of Goods & Services based on the estimated value of imports for the 2014/15 fiscal year.

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diGJamaica’s Economy Dashboard has more information including two-year comparisons of Jamaica’s Net International Reserves. Check it out here.