ForexBeginner

Jamaican Dollar (JMD)

a.k.a. JMD

Jamaica's currency, code JMD, a floating currency managed by the Bank of Jamaica.
In plain English

Jamaica's currency, code JMD, a floating currency managed by the Bank of Jamaica.

The Jamaican dollar (JMD) floats, with the central bank holding regular auctions of foreign currency to smooth its moves. Tourism, bauxite and money sent home from abroad are key inflows.

It is not offered by mainstream brokers.

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