Durrant Pate/Contributor

Jamaica’s Net International Reserve (NIR), which has been on an upward trajectory for months, pulled back slightly in August suffering a modest decline of US$0.23 million to end the month at US$6,640.44 billion. 

This is down from the US$6,640.67 million reported at the end of July 2026. Presently, the country’s foreign exchange reserves are US$488.98 million, or 7.95% more than the US$6,151.46 million held by the Bank of Jamaica (BOJ) at the end of August 2025. 

The current NIR supports approximately 43.51 weeks of goods imports and 28.81 weeks of goods and services imports. Foreign Assets totalled US$6,643.67 billion, which is US$0.22 million less than the US$6,643.89 billion reported in July 2026. 

‘Currency & Deposits’ held by the as at August 31, 2026 amounted to US$3,396.36 billion, reflecting an increase of US$12.67 million compared to the US$3.383.69 billion reported in July 2026. ‘Securities’ were valued at US$3,047.59 billion; US$1.63 million more than the US$3,045.96 billion reported at the end of July 2026.

The country’s Special Drawing Rights with the International Monetary Fund (IMF) went down to US$162.27 million relative to the US$176.94 million recorded a month prior. At the same time,  Jamaica’s IMF Reserve Position increased to US$37.44 million from the US$37.30 million reported last month. 

 Liabilities to the IMF increased to US$3.23 million, reflecting a US$0.01 million increase.