KINGSTON, Jamaica, February 12, 2009 - Prime Minister Bruce Golding said his government is taking steps to stop the slide of the Jamaica dollar, and he has sought to give the assurance that stability will return to the foreign exchange market soon.

Up to this morning, the currency was being sold at J$88.46 to US$1.

Although giving no timeline for when the situation would reverse, he told parliament on Tuesday that the Ministry of Finance and Planning and the Bank of Jamaica (BoJ) "are doing everything possible to ensure that we can stabilize the market".

http://www.caribbean360.com/News/Business/Stories/2009/02/12/NEWS0000006915.html