Jamaican Dollar Flies Past $136 Against US

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On Wednesday, the Jamaican dollar devalued by an additional 58 cents to surpass the $136 mark for the first time against its US counterpart. The dollar closed at at $136.17 against the US from $135.59 the previous day. In recent months, the dollar has weakened significantly against the greenback. The sliding dollar has in recent times led to speculation that the Bank of...