Search results
Results From The WOW.Com Content Network
The Jamaican dollar (sign: $; code: JMD) has been the currency of Jamaica since 1969. It is often abbreviated to J$, the J serving to distinguish it from other dollar-denominated currencies. It is divided into 100 cents, although cent denominations are no longer in use as of 2018. Goods and services may still be priced in cents, but cash ...
The history of currency in Jamaica should be considered in the wider picture of the currencies of the British West Indies. Jamaica was the only British West Indies territory to use special regional issues of the sterling coinage. [a] The earliest money used in Jamaica was the Spanish copper maravedí.
The Caribbean Island of Jamaica was initially inhabited in approximately 600 AD or 650 AD by the Redware people, often associated with redware pottery. [1] [2] [3] By roughly 800 AD, a second wave of inhabitants occurred by the Arawak tribes, including the Tainos, prior to the arrival of Columbus in 1494. [1]
George Gordon on the Jamaican ten-dollar note. In the 20th-century aftermath of the labour rebellion of 1938, Gordon came to be seen as a precursor of Jamaican nationalism. The play George William Gordon (1938) by Roger Mais was about his life. In 1960 the Parliament of Jamaica moved into the new Gordon House, named for the politician. [22]
The economy of Jamaica consists mostly of a service sector, contributing over 70% of the GDP. [4] Tourism accounts for 20% of GDP, and remittances accounts for 14%. [4] The Jamaican economy has suffered from poor overall growth in the past several decades, averaging less than 1% growth annually over the past 30 years. [4]
Japan intervened in the currency market on Thursday for the first time since 1998 to shore up the battered yen, in the wake of the central bank's decision to maintain ultra-low interest rates that ...
A new arrangement came about the following year and the currency was renamed the Eastern Caribbean dollar. British Guiana withdrew from this monetary union in 1966 and Barbados withdrew in 1972. (See the main articles at British West Indies dollar, Eastern Caribbean dollar, Trinidad and Tobago dollar, Guyanese dollar, and Barbados dollar.)
For premium support please call: 800-290-4726 more ways to reach us