The Jamaican Dollar (JMD) continues to regain ground against major traded currencies with the exception of the British Pound (GBP). The JMD appreciated against by at least $1.07 against the US, Canadian Dollar and Euro.
The Jamaican Dollar (JMD) showed mixed results against its major traded counterparts. The JMD appreciated against the US Dollar (USD) and British Pound (GBP) with the JMD revaluing by $4.41 against the GBP resulting in a year to date (YTD) loss of only 3.88% when marked against the GBP.
For the week ending September 28, 2018, the Jamaican dollar (JMD) appreciated against all the major currencies with the biggest appreciation of the Jamaican dollar coming against the Euro . The Jamaican dollar appreciated by at least $1.15 when compared to the major currencies.
In the Forex Market, the Jamaican dollar (JMD) appreciated against the US dollar as well as the Euro, however, continues to devalue against the Canadian and British Pound.
For the week ending September 14, the Jamaican dollar depreciated against all major traded currencies with the exception of the USD. The Jamaican dollar appreciated by J$0.52 against the USD, however, year to date the dollar has devalued by 8.59% against the USD.
The Jamaican dollar depreciated against all major traded currencies except the Canadian dollar. The both the Main & Junior markets of the Jamaican stock exchange advanced for the week ending September 7, 2018.
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