American dollars go further in Jamaica

February 16, 1992|By New York Times News Service

Shopping and dining in Jamaica are less expensive for Americans as a result of a decision by the Jamaican government last fall to abolish the fixed rate of exchange for the Jamaican dollar. The currency is now traded publicly and subject to market fluctuatuions. One U.S. dollar worth seven Jamaican dollars under the old system, has recently been worth 20 Jamaican. Tourists in Jamaica can pay for any goods in American dollars.

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