Jamaica: US dollar rises to $159.66 amid fuel price shifts

The US dollar rose to $159.66 against the Jamaican dollar on Tuesday, October 6, according to the Bank of Jamaica. This increase followed two flash sales of US$30 million each by the central bank under its intervention facility. The Jamaican dollar had previously seen two consecutive sessions of gains before this shift.

In the energy sector, Petrojam announced price adjustments effective Thursday, October 7. Gasoline prices are set to decrease by $0.25 per litre, with 90-octane priced at $217.08 and 87-octane at $209.37. Conversely, automotive diesel fuel will increase by $3.38 to $242.26 per litre, while ultra-low sulphur diesel will rise by $4.07 to $264.16 per litre.