The emergence of the Coronavirus (COVID-19) from China in 2019 has become a global threat in 2020. This has led to the World Health Organization (WHO) declaring the virus a pandemic. The infectious virus has debilitating effects not only on a country’s most valuable resource – its human resource but also on the economies of … Continued
Despite intervention in the forex market by the Bank of Jamaica (BOJ), the USD continues to slide, worrying stakeholders island wide. The USD now trades at US$1:J$135.86, a $1.28 decline over the previous week. This week the JMD has declined against all the major traded currencies.