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Queed - Global News Network > Business > Currency Shifts: A Mixed Day for the Jamaican Dollar
BusinessEconomics

Currency Shifts: A Mixed Day for the Jamaican Dollar

Queed Reporter
Last updated: January 11, 2025 11:09 pm
Queed Reporter 5 months ago
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KINGSTON, Jamaica – Friday, January 10, marked a day of mixed performance for the Jamaican dollar against major global currencies, as reflected in the Bank of Jamaica’s latest trading data.

The US dollar saw an upward shift, closing the day at JMD 157.22, a rise of 37 cents. Meanwhile, the Canadian dollar followed suit, climbing to JMD 110.00 from its previous rate of JMD 109.59. Conversely, the British pound edged slightly lower, ending the trading session at JMD 195.07, compared to JMD 195.20 the day before.

These currency movements underscore the ongoing adjustments in the market, driven by fluctuating demand and supply dynamics, as well as broader economic conditions.

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TAGGED:Exchange RateForex
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