Jamaican Dollar Slides
May 8, 2020 | By Hopeton O’Connor-Dennie |
Breaking News
The Jamaica Dollar has slid to a record low against the Green Back commonly referred to as the American dollar. With relation to the American dollar … it is Ja$146 Jamaican Dollar to one US$ dollar. The Canadian dollar is over 100 to one Jamaican.
BOJ
Bank of Jamaica, the Central Bank has pumped 13 million US dollars to sure up the sliding dollar.
Money Laundering
There has been allegations that dirty money has been an issue affecting the Jamaican Dollar.
Hopeton O’Connor-Dennie is Senior National and International Correspondent for Vision Newspaper Canada.
Alwin Marshall-Squire is the Editor-in-Chief of S-Q Publications Inc., overseeing editorial strategy for GTA Weekly, GTA Today, and Vision Newspaper. He leads the publications’ mission to deliver bold, original journalism focused on the people and communities of the Greater Toronto Area, Canada, and the global Caribbean diaspora.
Also writes for GTA Weekly and GTA Today.
