Thu | Jul 30, 2015

Jamaica Dollar inches closer to J$87 mark

Published:Monday | February 27, 2012

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.



sabrina.gordon@gleanerjm.com