PSOJ CEO Welcomes News of Reduced FX Surrender Value

9

CEO of the Private Sector Organization of Jamaica (PSOJ) Dennis Chung, is welcoming the news that the Surrender Value of Foreign Exchange will be reduced.

Mr. Chung says this means bank and cambios will have more currency to provide to the market.

[audio_mp3 url=”http://nationwideradiojm.com/wp-content/uploads/2017/10/CHung-on-Surrender-value-25OCT2017.mp3″]

He says the BOJ should move over time to reduce the surrender value to zero.

[audio_mp3 url=”http://nationwideradiojm.com/wp-content/uploads/2017/10/Chung-focus-on-currency-strength-25OCT2017.mp3″]

–30–