Jamaican dollar


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Noun1.Jamaican dollar - the basic unit of money in Jamaica
dollar - the basic monetary unit in many countries; equal to 100 cents
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The BOJs recent reduction in the reserve requirement on Jamaican dollar deposits will help make policy accommodative but further rate cuts are likely to be needed.
However Fitch believes it is somewhat mitigated because merchants generally adjust Jamaican dollar prices according to U.S.
A 350,000 Jamaican dollar reward - it's around PS2,000 - is now on offer on the Paradise island for information that leads to the killers of Keith Murrain.
In Thailand the pound is worth 18% more than a year ago, while the Jamaican dollar has fallen against sterling by almost 26%.
With the liberalisation of the exchange rate regime in 1991, the Jamaican dollar was supposed to float freely and find its own level, based on demand and supply in the market.
The group's favorable foreign exchange position from remittances, food export businesses and commercial bank operations make it Jamaica's largest foreign currency trader and helped it withstand the 30 percent devaluation of the Jamaican dollar between the end of 2008 and the first quarter of 2009.
The cost of repairing the building had, however, increased dramatically, largely due to rapid inflation and the fall in value of the Jamaican dollar.
The Cayman Islands introduced their own currency, the Cayman Islands dollar, in 1972 to replace the Jamaican dollar as legal tender.
He adds, "When the Jamaican dollar was six to one U.S.
In 1992, Butch put up a million dollars of his own cash to help save the Jamaican dollar from collapse.
I asked him about a story in that morning's Gleaner (Jamaica's newspaper of record) which reported that the Bank of Jamaica was considering taking a $24 million loan from the World Bank to defend the declining Jamaican dollar on the foreign exchange markets.
It was anticlimactic, less compelling to Jamaicans than godfathers like Lester Coke, empty bellies, the unstoppable slide of the Jamaican dollar and the intensifying suffering that Manley could do nothing to allay since he returned to power in 1989.

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