Currency fluctuations reported in Jamaica and Cuba

In Jamaica, the US dollar ended trading on Thursday, October 22, at $159.59, a decrease of 6 cents from the previous day. Other currency movements included the Canadian dollar closing at $114.07 and the British pound rising to $213.53. The euro closed at $178.74. Brent crude oil prices rose to US$113.21 a barrel, a trend linked by Thai media to Houthi attacks in Saudi Arabia. Jamaica's annual inflation was reported at 8.6 percent in September, exceeding the Bank of Jamaica's target range of four to six percent.

In Cuba's informal market, both the US dollar and the euro saw gains on October 22. The US dollar was priced at 827 Cuban pesos (CUP), an increase of 4 pesos from the previous day and a 3.6 percent rise over the past week. The euro reached 915 CUP, up 3.5 pesos from the prior session. The US dollar is currently at its highest value in the last 30 days amid ongoing currency shortages in the country.