KINGSTON, Jamaica — The foreign exchange market in Jamaica witnessed notable shifts on Monday, October 6, as the US dollar experienced a marginal decline, while the Canadian dollar and British pound strengthened. According to the Bank of Jamaica’s daily exchange trading summary, the US dollar closed at $161.28, marking a decrease of 6 cents from its previous trading session. In contrast, the Canadian dollar saw an upward trajectory, ending the day at $116.37, up from $115.84. Similarly, the British pound also gained momentum, closing at $218.83, compared to $216.85 in the prior session. These fluctuations reflect the dynamic nature of global currency markets and their impact on Jamaica’s economy. The Bank of Jamaica continues to monitor these trends closely, providing timely updates to stakeholders and the public.
