News/Sports

The Devaluation Continues! JMD$120.10 to One US dollar

The spending power of Jamaicans is decreased every time  the dollar loses value.

Whenever the US dollar in particular appreciates against the Jamaican dollar we all have to dig a little deeper to purchase food and everyday items.

On December 8, the US dollar ended trading at J$120.10, an increase of seven cents according to the Bank of Jamaica’s daily foreign exchange trading summary.

Click here to see a summary of how the Jamaican dollar has devalued between the years 1971 to 2014.

  

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