Monetary Policy Target

2015/2016 2016/2017
Inflation (%) 5.5-7.54.5 – 6.5

EFF Monetary Quantitative Performance Targets

As at End-June 2016 Criteria Actual
NIR Stock Floor (US$ Mn) 1 798.12 283.4
Cumulative Change in NDA (Ceiling) (J$ Bn) 28.7-23.4

Policy Rate

Effective Date August 18, 2015 May 31, 2016
5.255.00

Foreign Exchange

22 Jul 16 BUY SELL

USD :

$ 125.8690 $ 126.4501

CAD :

$ 95.0289 $ 95.9530

GBP :

$ 161.5334 $ 164.7274

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Events

Economic Trends

Economic Indicators

2015/2016 Actual 2016/2017 Forecasts
Inflation (12-month % change) 3.04.5 – 6.5
NIR (US$MN) 2 415.52 322.9 -2 622.9
GDP-12mth change(%) 0.5 – 1.51.0 – 2.0

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