The Bank of Jamaica will be selling US$50 million to authorised foreign exchange dealers and cambios on Monday morning.
However, the bank says this must be re-sold to members of the productive sector at no more than 20 cents above the buying price.
Jamaica’s trade deficit was US$4.8 billion during the first 10 months of last year when imports climbed by 1.4% to US$6.2 billion and exports tumbled by 8.1% to US$1.4 billion.
Members of the productive sector imported US$1.9 billion in raw materials and intermediate goods and $1.5 billion in oil during the first 10 months of last year.