The USD/JMD market closed the week at a selling rate of 112.78. - TopicsExpress

The USD/JMD market closed the week at a selling rate of 112.78. Demand for USD was moderate as a result of very tight JMD conditions. Expectations is for stability to continue for the rest of this month. This is a good opportunity for end users who are to start buying funds that will be needed to purchase goods for the Christmas season. It is expected that as usual the JMD will come under pressure during the last quarter.

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