Image of the Week – $100:$1

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Our image of the week is taken from one of the Monday Gleaner‘s lead stories, A ‘Bills’ is Now A Bill.

If you’ve ever wondered why many Jamaicans refer to the $100 bill as a ‘dollar,’ you need look no further than the current exchange rate. The value of the local dollar continues to slide and currently rests at $99.78. Perhaps the only surprise for most Jamaicans is that it seems to be closing yet another week just shy of the psychological $100 barrier. Let’s watch and see if this lasts into next week.

Continue to follow the diGBlog for more on the devaluation of the Jamaican dollar.