
The Jamaican dollar depreciated slightly as regional currency markets shifted on September 18.
The Jamaican dollar retreated slightly in foreign exchange trading on Friday, September 18, settling at $157.85 per US dollar, down 13 cents from the previous close, according to the Bank of Jamaica’s daily exchange trading summary.
Other major currencies showed varied performance against the Jamaican dollar that day. The Canadian dollar ended trading at $113.18, declining from $113.90, while the British pound strengthened to $214.35, up from $213.12.
Daily forex movements reflect ongoing adjustments in regional currency markets as traders respond to global economic conditions and demand for foreign exchange.
The Bank of Jamaica publishes daily exchange trading summaries that track how the Jamaican dollar performs against major international currencies, providing key reference points for businesses, investors, and citizens engaged in cross-border transactions.
Exchange rate movements directly affect Jamaican households and businesses that depend on imports, remittances, and international trade. Currency depreciation can influence inflation, purchasing power, and the cost of goods and services across the island.
Written & Edited by Orlyn Edwards. Published by Caribbean Air Force Media.
Category: Business ยท Island routing: Jamaica

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