The demonetization took effect April 1. The Bank of Jamaica has demonetized its old cotton banknotes, including the $5,000, $1,000, $500, $100, and $50 denominations. This action is a form of currency ...
The Jamaican dollar (JMD) seems to have found stable ground after a period of depreciation. On June 28, the Jamaican currency managed to reach a value of 149 JMD for every US dollar. The appreciation ...
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