The Jamaican Dollar and devaluation

The rapid devaluation of the Jamaican dollar since the February 2016 General Elections is a cause for concern. Is it a case that people are losing confidence in the Jamaican dollar.  I am not too old the remember when the Jamaican dollar was higher in value than the United States dollar. I think a study needs to be done as to why our currency has declined this rapidly over the years. I remember spending a week in a Spanish speaking country. I bought their currency when I arrived. I had to sell what I had not used when I was leaving and I lost more than one United States dollar in the exchange.

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