Foreign Exchange Survey
Jason2021-02-01T11:25:13-05:00February 01, 2021 The Jamaican economy experienced a rapid depreciation in the exchange rate during 2020 due to the pandemic's impact on key sectors. The exchange rate in 2020 closed at JMD $142.65 to USD $1.00, after opening the year at JMD $132.57, resulting in a 7.6% depreciation. Over the past twelve months, the