Tuesday 21 January, 2020

Jamaican dollar depreciates by 19 cents

The Jamaican dollar depreciated by 19 cents during trading on Wednesday, according to Bank of Jamaica (BOJ) trading data.

The dollar closed at $130.66 from $130.47 on the previous day.

In early March, the dollar hit its strongest position in over 12 months when it entered the $124 territory.  Since that time, the local currency has depreciated.

The pound closed at $170.58 from $167.54 a day earlier. The Canadian dollar closed at  $99.63 from $99.29 a day earlier.

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