JMD sells for $120.85 to the USD
The Jamaica dollar traded at an average rate of $120.85 against the US dollar on Tuesday, down five cents from Monday.
It also traded at $169.60 against the pound sterling, appreciating $1.72; and at $83.05 against the Canadian dollar, losing 89 cents from Monday.
In the US dollar market, demand outstripped supply with foreign exchange traders buying up US$21.17 million while selling US$28.94 million.
The Jamaican dollar has fallen 44 cents or 0.37 per cent year to date against the USD, its main trading partner.