The Jamaican dollar depreciated against all three major currencies on Tuesday, according to the daily trading summary from the Bank of Jamaica (BOJ).

The local currency lost nine cents closing at $128.62 against the US dollar.

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The British Pound Sterling closed at $156.23 from $154.41 on the prior trading day. While the Canadian dollar closed at $98.80 from $97.07 on the prior trading day.

During the day the currency purchases by the market totalled US$42.1 million while sales totalled US$38 million.