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Phillips says sliding dollar creates an opportunity for producers

Published: Thursday February 14, 2013 | 6:12 pm Comments 0
Finance Minister Dr Peter Phillips - File Photo
Finance Minister Dr Peter Phillips - File Photo

The Finance Minister, Dr Peter Phillips has said the upward movement in the exchange rates has created an opportunity for local producers.

The Jamaican dollar has passed the $95 mark against the US dollar.

But Phillips says the movement in the exchange rate should provide an incentive for producers to become more competitive.

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