TransJamaican Highway (TJH) developed, operates, and maintains the Highway 2000 East-West toll roads. Highway 2000 East-West is a 49.9km tolled motorway with two distinct corridors: between Kingston and May Pen, and between Portmore and Kingston.
The JMD strengthen against most of the major traded currencies. The JMD advanced by as much as $1.12 against the traded currencies this week, but fell in by $0.80 against the Canadian dollar. Year to date, the JMD has depreciated by $8.65 or 6.13%.
The name Scotia has been synonymous with banking in Jamaica for over a century. The Scotia Group Jamaica Group Ltd. (SGJ) is one of Jamaica’s largest financial services group, with total assets valued at J$549B as at October 31, 2019.
On a regular business day in early November of 2019, the Jamaican flag is flown high on the New York Stock Exchange (NYSE).1 Why? An honour bestowed to the region’s leading stock exchange as it continues to be named one of the world’s best performing stock exchange.
After closing the previous decade at $132.57, the JMD depreciated by $1.9 this week against the benchmark USD. Year to date , the JMD fell by 3.71% against the USD and by 6.12% against the CAD. The GBP was the biggest mover this week, appreciating by $5.81 against the JMD.
This week in the forex market the JMD strengthen against the USD, GBP and Euro, but declined against the CAD.This week the JMD saw strong movements against the GBP and Euro as the JMD surged by $7.67 and $6.16, respectively.
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