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Jamaica is the latest nation to dive into digital currencies Jamaican citizens will soon be able to use a digital wallet to access a new currency called Jam-Dex. Colleen Hagerty Jun 8, 2022 7:00 ...
The Jamaican dollar (JMD) seems to have found stable ground after a period of depreciation. On June 28, the Jamaican currency managed to reach a value of 149 JMD for every US dollar. The appreciation ...
Jamaican SMEs, like their regional counterparts, operate without dedicated financial teams and are vulnerable to the effects ...
Jamaica had launched a small-scale eight-month pilot program last year before legislators on Friday approved a bill authorizing the government’s bank to formally issue and back the digital currency.
The Bank of Jamaica has demonetized its old cotton banknotes, including the $5,000, $1,000, $500, $100, and $50 denominations. This action is a form of currency change, where the central bank ...
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