Monday 19 August, 2019

Jamaican dollar gains 35 cents against US counterpart

The Jamaican dollar appreciated by 36 cents against its US counterpart, according to the Bank of Jamaica's daily foreign exchange trading summary.

The dollar closed $136.34 from J$136.70 on the prior day.

It became the second consecutive day of appreciation for the Jamaica dollar which was close to an all-time low against the US. The dollar hit a low of $137.96 on August 23, 2018.

At the same time, British sterling closed trading at J$177.43 from J$175.24. While the Canadian dollar closed at J$103.47 from J$104.59.

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