Thu | May 25, 2017

Currency rates update: $116.03 to US$1

Published:Friday | May 15, 2015 | 5:37 PM

The average selling rate of the Jamaican dollar crossed the $116 mark in trading yesterday for the first time.

The local currency is now trading at an average of $116.03 to the United States dollar.

The highest selling rate was $121.44 and the lowest $94.77, according to the Bank of Jamaica foreign exchange trading summary.

The average selling rate of the Canadian dollar yesterday was $97.28 and the British Pound Sterling $181.88.

business@gleanerjm.com