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Celebrating 65 Years of Service

EFFECTIVE 01 JULY 2025

Demonetisation of Old Cotton Banknotes

Regulating Institutions Licensed Under the Banking Services Act and BOJ Act

Financial System Regulation

Issuing and redeeming banknotes and coins

Currency Issue and Redemption

Promoting Price and Financial System Stability

Financial System Stability

Setting interest rates to keep inflation low

Monetary Policy

INFLATION TARGET

4.0 – 6.0 %

CPI Inflation (12 month ptp.)

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POLICY INTEREST RATE

5.50%

19 August 2026 | Next: 28 Sep 2026
Decisions & Schedule

Foreign Exchange Rates

31 Aug 26 BUY SELL
USD 157.5979 159.0239
CAD 109.0749 112.8129
GBP 209.5145 214.7752
EUR 177.023 187.6207

Exchange rates
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Banking Opening Hours

Mon - Fri: 9:00AM - 1:00PM

Saturday: Closed

Sunday: Closed


Contact Us

Phone: (876) 922-0750
Fax: (876) 922-0854
Email: contact@boj.org.jm



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