Jamaican Dollar Strengthens Greatly Against US Greenback

The Bank of Jamaica (BOJ) has revealed that the local dollar revalued by 25 cents against the US greenback on Thursday.

In what was one of the strongest revaluations in a single day, the dollar closed at $126.75 from $126.90 on the previous trading day.

On Thursday, the Canadian dollar closed at $100.03 from $99.65 while the British Pound Sterling closed at $166.19 from $166.02.

In September the local currency reached a record low of $131.31 against the US. but since then, has mainly remained on a path which suggests further strengthening.

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