US dollar exchange rates fluctuate in Jamaica

The United States dollar experienced fluctuations against the Jamaican dollar in mid-October. On Tuesday, October 13, the US dollar ended trading at $159.75, a decrease of 22 cents from the previous day. However, by Wednesday, October 14, the rate rose slightly to end at $159.81.

Other major currencies also saw movement. The Canadian dollar ended at $112.24 on Wednesday, while the British pound closed at $209.39. The Bank of Jamaica’s daily exchange trading summaries provide these figures, noting the US dollar's recent volatility following a period of gains.

In broader economic news, the International Monetary Fund raised its 2026 global growth forecast to 3.1 per cent, though it cautioned that low-income nations remain vulnerable to high energy prices. In the United States, consumer prices rose 3.7 per cent over the 12 months leading to September.