Stability isn’t cheap, and B-FXITT isn’t a free ride. The reserves that Jamaica uses to smooth turbulence aren’t infinite. By ...
The Jamaican dollar (JMD) seems to have found stable ground after a period of depreciation. On June 28, the Jamaican currency managed to reach a value of 149 JMD for every US dollar. The appreciation ...
Fitch forecasts Jamaica’s economy will contract by 1.5% in 2025 before showing modest recovery of 1.8% in 2026. Tourism receipts could decline by 15% year-over-year in both 2025 and 2026, with ...