Business Update: Exchange Rate & Stock Market Report

Business Highlights End of Sep2014
Source: BOJ & JSE

Exchange Rate

September 30, 2014, the last day of trading for the month, the US dollar traded for an average selling rate of J$112.67:US$1.00, representing a less than one per cent appreciation relative to the ending of the previous month. August 29, 2014, the US dollar traded for an average selling rate of J$112.74.

For point-to point (Sep. 2013 to Sep. 2014) comparison, the dollar depreciated by 9%. The depreciation in the dollar since the signing of the IMF Agreement May 1, 2013 now stands at 13%.

diG more…Indicative exchange rates for the last day of each month from January 2013 to September 2014

Stock Market Update

Main JSE Index & Junior Index

In September, the main index and the junior index both advanced. The main index advanced by 636.32 points to close at 72,238.36. While the junior index advanced by 10.67 points to close at 653.79.

diG more…

Checkout the Business Dashboard for more information on changes in key indicators relevant to doing business in Jamaica and their most recent publicly available measures.