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NotiSur PDF file 1992 right arrow May

Devaluation Of Jamaican Dollar Halted

ISSN:1060-4189
LADB Article ID: 061378
Category/Department: General
Date: Thursday, May 7, 1992
By: Barbara Khol

On April 29, commercial banks traded the US dollar for 24.5 Jamaican dollars, five dollars less than the going price when hotelier Gordon Stewart took action the previous week to halt devaluation of the local currency. Stewart is chief executive...

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