The Bank of Jamaica is the central bank of Jamaica, established in 1960. Its primary role is to maintain monetary stability and manage the country's currency, the Jamaican dollar. The bank also oversees the financial system, ensuring it operates smoothly and efficiently. In addition to regulating monetary policy, the Bank of Jamaica is responsible for issuing banknotes and coins. It also manages foreign exchange reserves and works to promote a stable financial environment, which supports economic growth and development in the country.