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Established on 1 october 1960 as the central bank of jamaica under the provisions of the bank of jamaica law began business on 1 may 1961 one of the five central banks (the others being. The bank of jamaica is the central bank of jamaica located in kingston it was established by the bank of jamaica act 1960 and was opened on may 1, 1961 it is responsible for the monetary. The bank of jamaica publications are aimed at providing quality economic and financial analysis and information on jamaica as well as timely updates on matters relating directly to the.
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Bank of jamaica, the central bank of jamaica, issues and redeems notes and coins it also keeps and administers the external reserves of the country influences the volume and conditions of.