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%.
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.
The JMD continues to show signs of vitality as it advanced against all the major traded currencies for another consecutive week. The JMD advanced by at least $1.61 against the major traded currencies, most noticeable the JMD appreciated by $4.52 against the Euro.