Business Update: Exchange Rate & Stock Market Report

Business Highlights End of Aug2014
Sources: Bank of Jamaica & Jamaica Stock Exchange

Exchange Rate

August 29, 2014, the last day of trading for the month, the US dollar traded for an average selling rate of J$112.74:US$1.00.

For point-to point (Aug. 2013 to Aug. 2014) comparison, the dollar depreciated by 10%. The depreciation in the dollar since the signing of the IMF Agreement May 1, 2013 now stands at 14%.

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


Stock Market Update

Main JSE Index & Junior Index

In August, the main index and the junior index both advanced. The main index advanced by 294.01 points to close at 71,602.04. While the junior index advanced by 33.08 points to close at 643.12.

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.