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Jamaican dollar |
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Jamaica and Suriname were rare exceptions, where the Jamaican dollar and the guilder appreciated versus the U. 31, 2006 approximately 63% of revenues were generated either in US dollars, Euros or pegged to these currencies, while an important part of restricted group EBITDA is still linked to the Jamaican dollar. Because 68% of outstanding debt is denominated in Jamaican dollars, the impact of high real interest rates (over 14%) on interest expenses is especially heavy. |
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