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Currency rates update May 16: $111.02 to US$1

Published:Friday | May 16, 2014 | 5:26 PM

The Jamaican dollar crossed the $111 mark in trading today, losing $0.18 against the United States dollar when compared with yesterday’s average selling rates.

The local currency is now trading at $111.02 to the United States dollar.

The average selling rate of the Canadian dollar today was $101.82, the British Pound Sterling $186.73 and the euro sold for $152.04.