US Dollar Closes at J$157.57

Bank of Jamaica reported that the U.S. dollar ended trading at J$157.57 on Thursday, May 22, according to its daily FX spot trading summary. The central bank’s table showed a weighted average spot sales rate of 157.5735 for the U.S. currency, which matched the J$157.57 figure carried in local market reports. The move represented a decline of 81 cents from the previous day’s close, the Jamaica Observer reported. The same daily summary showed the Canadian dollar at J$115.02 and the British pound at J$211.55. ### Where did the J$157.57 figure come from? The Bank of Jamaica said the number came from spot transactions reported by authorized foreign-exchange dealers and cambios. Its daily FX spot trading summary lists weighted average spot sales rates that the central bank said are applicable for customs and General Consumption Tax purposes on May 22, 2026. (boj.org.jm) The central bank’s published summary showed the U.S. dollar sales rate at 157.5735. Rounded to two decimal places, that is J$157.57, the figure cited in the Jamaica Observer’s market brief. ### How did other major currencies close? The Jamaica Observer reported that the Canadian dollar ended trading at J$115.02, down from J$115.20. The British pound closed at J$211.55, down from J$212.63, according to the same report, which cited the Bank of Jamaica daily exchange summary. (boj.org.jm) Bank of Jamaica’s foreign-exchange market pages also show that the institution publishes daily and historical rates and volumes for multiple currencies through its market portal and eGATE reporting pages. (boj.org.jm) Those pages list weighted average buy and sell rates for currencies including the U.S. dollar, Canadian dollar, pound sterling and euro. ### Was there any central-bank activity in the FX market that day? (jamaicaobserver.com) Bank of Jamaica’s website said the central bank would intervene in the foreign-exchange market on Friday, May 22, 2026, with a US$30 million B-FXITT standard sale to authorized dealers and cambios. The home page also listed a “B-FXITT Standard Sale Operation Results – 22 May 2026” posting among its recent updates. The Bank of Jamaica website did not, in the search results reviewed, directly state that the intervention caused the day’s move in the weighted average spot sales rate. (boj.org.jm) Any link between the intervention and the closing rate would therefore be an inference unless the central bank or a named market participant states it directly. ### Why do traders and importers watch this daily summary? The Bank of Jamaica says the weighted average spot sales rates in the daily summary are applicable for customs and GCT purposes on the stated date. (boj.org.jm) That gives the daily table operational significance beyond trading desks, because it is used in calculating duties and taxes tied to imported goods. The foreign-exchange market section of the central bank’s website also provides indicative rates, counter rates and historical trading data, giving importers, dealers and other market users a daily reference point for pricing and settlement. ### Where can readers track the next update? Bank of Jamaica publishes the daily FX spot trading summary on its foreign-exchange market pages and updates related rates through its eGATE portal. (boj.org.jm) The next trading-day summary and any further B-FXITT sale results would appear on those Bank of Jamaica pages, while local media outlets such as the Jamaica Observer also publish brief market updates based on the central bank’s data. (boj.org.jm)