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JMD closes at $120.80 to the USD

Published:Monday | January 18, 2016 | 1:55 PM

The Jamaica dollar traded at an average rate of $120.80 against the US dollar on Monday, a one cent drop from its closing price on Friday.

The JMD also traded at $171.32 against the pound sterling, appreciating 22 cents; and at $82.16 against the Canadian dollar, up $1.50 cents from Friday.

In the US dollar market, traders supplied US$26.36 million to the market and bought up US$23.41 million.

The Jamaican dollar has fallen 38 cents or 0.32 per cent year to date against its main trading partner, the US dollar.

business@gleanerjm.com