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Jamaican dollar loses 28 cents against US greenback

The Jamaican dollar lost 28 cents on Tuesday but a wide gap remains between the highs and lows for those selling dollars, according to the Bank of Jamaica. The local currency closed at $147.14 on the day with the Canadian dollar closing at $117.76 and the British Pound closing at $174.83. Central bank data shows that Wintraders Limited traded the US dollar at the highest price among the 70 listed dealers at $149.58 for US$1. On the other hand, Community and Workers of Jamaica Cooperative Credit Union sold the dollar the cheapest at $136.00. The dollar traded at its weakest level on February 18 when it closed at $151.79.

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