How Did Jamaica Become a Country?
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YouTubeCaptivating History
How Did Jamaica Become a Country?
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137.7K viewsAug 2, 2024
Jamaican Dollar Exchange Rate
In the past nine (9) years, the Jamaican dollar has depreciated by an average of 2.9% per year relative to the US dollar. This is by far the lowest rate of currency depreciation under any political administration since Independence. Under the PNP, the dollar depreciated by an average of 8.5% annually. The worst currency depreciation took place under the PNP administration of 1989-2007. When they assumed office in 1989, the exchange rate was J$5.51 to US$1. When they left in 2007, the dollar had
3:50
In the past nine (9) years, the Jamaican dollar has depreciated by an average of 2.9% per year relative to the US dollar. This is by far the lowest rate of currency depreciation under any political administration since Independence. Under the PNP, the dollar depreciated by an average of 8.5% annually. The worst currency depreciation took place under the PNP administration of 1989-2007. When they assumed office in 1989, the exchange rate was J$5.51 to US$1. When they left in 2007, the dollar had
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Briefing | Currency depreciation bad for economic growth; J$ dollar arrives at $131 to 1
Briefing | Currency depreciation bad for economic growth; J$ dollar arrives at $131 to 1
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The strength of the US dollar is hurting other currencies. Here's how countries are responding
The strength of the US dollar is hurting other currencies. Here's how countries are responding
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