Sunday, December 14, 2008
The dramatic fall in the Jamaican dollar against the US dollar over the last few months has brought fear among the business community that the dollar will continue to fall precipitously.
JN Fund manager general manager Keith Senior
But at least one analyst, JN Fund Managers general manager Keith Senior, believes the fears are misplaced.
Between September and October the local currency lost approximately five per cent of its value relative to the US currency. Senior was of the view that this rapid slide was not justified once a careful analysis of the country's foreign exchange position is undertaken. Read more
No comments:
Post a Comment