Exchange Rate in Jamaica
Jamaica - Exchange RateEconomic growth inched up in Q4 2018 to round off a strong year during which the Jamaican economy grew at the fastest pace in 12 years. The services sector and manufacturing activity drove the quarterly acceleration, with the hotels and restaurants subsector posting a robust pace of expansion despite weak tourist arrivals in the quarter. Looking at Q1 2019, tourist arrivals jumped in January–February, boding well for private consumption in the quarter. In early March, the IMF applauded the government’s reform commitment and saw improvements in public debt dynamics. The Fund also gave a nod of approval to the government’s JMD 14 billion tax cut, effective 1 April, which followed the expansion of the country’s tax base.
Jamaica - Exchange Rate Data
|Exchange Rate (vs USD)||116.1||114.4||120.0||128.9||124.5|
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Jamaica Exchange Rate Chart
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