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Jamaica Dollar inches closer to J$87 mark

Published: Monday February 27, 2012 | 5:19 pm Comments 0

The weighted average selling rate of the US dollar to the Jamaican dollar inched closer to the J$87 mark at the close of trade today.

The selling rate for the greenback was $86.98, with total sales valued at approximately $52 million.

Conversely, the US dollar was purchased at a weighted average rate of $86.57, with total purchases valued at $47 million.

The Canadian dollar sold for 87.71, while the Pound Sterling went for $137.64.

Sales and purchases for all currencies combined at the end of trading totalled $55.56 million and $53.35 million respectively.

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