PERSPECTIVE: THE FLIGHT OF CAPITAL FROM THE FOREIGN EXCHANGE MARKET INTO THE JAMAICA STOCK MARKET (JSE) IS SUPPORTED BY GOVERNMENT POLICIES.

Perspective

There is no need for our dollar to be so depressed. Too many unpatriotic persons buy foreign when they can buy locally.

We need to defend our dollar as we defend our personal property.
US/Canadian Dollar

We once had a stronger dollar when compared to foreign currencies. It is low production and a people with an insatiable foreign taste that has caused a run on our dollar and weaken same.

This type of. behaviour shod be criminal. We should  stop this type of selfish behaviour.

Over $2 US Billion Reserves

Our Net International Reserves (NIR) is in excess of 2 billion US $ and is internationally considered adequate to defend our dollar or buy over 12 weeks of foreign goods and services.

We do not have a shortage of foreign exchange. Are unprofessional elements trying to sabotage the government and the country for selfish or political reasons? Evidence is hard to come by. Many believe this is so.

Let us stop devaluing our dollar.

We think such behaviour is criminal and unnecessary. Stop it please. We deserve better than that. Do you disagree?

Hopeton O’Connor-Dennie is Senior International Correspondent & photojournalist for Vision Newspaper Canada.