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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Jamaica’s reserves at $2.5 bln

Posted on 23 August 2010

From Forbes: Jamaica’s central bank says the Caribbean island’s foreign currency reserves reached more than $2.5 billion by the end of June, providing about 20 weeks of cover in the event of a crisis.

A bank statement issued Saturday says the international benchmark for reserve cover is roughly 12 weeks for countries operating under International Monetary Fund loans…………………………………….Full Article: Source


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