Jamaican$ gains on US$ – Tuesday

FX_USPound2 Trading in the foreign exchange market resulted in the Jamaican dollar making gains against the US dollar but declining versus the Pound and Canadian dollar on Tuesday. The market closed with dealers buying the equivalent of US$64,271,438 and selling US$51,490,582, in contrast to US$35,981,243 purchased and US$43,831,621 sold on Thursday.
In US dollars trading, dealers bought US$59,240,425 compared to US$33,415,921 on Thursday, as the buying rate for the US dollar fell 8 cents to end at $121.25. A total of US$49,386,062 was sold versus US$42,481,290 on Thursday, the selling rate dipped 6 cents to end at $121.97. FX sum 29-03-16The Canadian dollar buying rate rose 27 cents to end at $88.84 with dealers buying C$2,153,879 and selling C$1,058,914, at an average rate that was up by 53 cents to $91.33. The rate for buying the British Pound climbed by $2.21 to $170.12 for the purchase of £2,075,842, while £552,137 was sold, as the rate rose 87 cents to $171.34. At the end of trading, the selling rate for Euro, fell 12 cents to close at J$136.23, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.41 for a fall of 12 cents from Thursday’s rate. The US dollar equivalent of other currencies traded, amounts to US$540,471 being bought, while US$535,998 was sold.
FX HL 29-03-16Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Tuesday are, a fall of $2.37 in the lowest selling rate of the US dollar to $99.78, the highest buying rate of the Canadian dollar rose by $2.25 to $94.50 while the lowest selling rate rose $3.80 to $87. There was a rise of $2.10 in the highest buying rate for the British Pound to $174.90 and a big drop of $17.75 in the lowest selling rate to end at $146.75.

Jamaican$ mostly falls on Thursday

FX_USPound2Trading resulted in the Jamaican dollar mostly falling in value on Thursday as the market ended with dealers buying the equivalent of US$35,981,243 and selling US$43,831,621, in contrast to US$40,064,336 purchased and US$40,071,060 sold on Wednesday.
In US dollars trading, dealers bought US$33,415,921 compared to US$36,342,749 on Wednesday, as the buying rate for the US dollar rose 1 cent to end at $121.33. A total of US$42,481,290 was sold versus US$39,008,262 on Wednesday, the selling rate rose 2 cents to end at $122.03.FX sum 24-03-16 The Canadian dollar buying rate fell 77 cents to end at $88.57 with dealers buying C$1,219,151 and selling C$540,138, at an average rate that dropped 74 cents to $90.80. The rate for buying the British Pound fell by $4.30 to $167.91 for the purchase of £891,507, while £291,971 was sold, as the rate rose 47 cents to $170.47. At the end of trading, the selling rate for Euro, fell 61 cents to close at J$136.35, from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.54 for a fall of 63 cents from Wednesday’s rate. FX HL 24-03-16 The US dollar equivalent of other currencies traded, amounts to US$441,574 being bought, while US$540,551 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Thursday are, a fall of $1.05 in the highest buying rate of the US dollar to $122.25, a fall of $1.80 in the lowest selling rate of the Canadian dollar to $83.20. There was a drop of $3.10 in the highest buying rate to $172.80 for

Jamaican$ mostly rose on Wednesday

FX_USPound2Trading resulted in the Jamaican dollar mostly gaining value on Wednesday as the market ended with dealers buying the equivalent of US$40,064,336 and selling US$40,071,060, in contrast to US$42,863,013 purchased and US$47,456,165 sold on Tuesday.
In US dollars trading, dealers bought US$36,342,749 compared to US$38,864,989 on Tuesday, as the buying rate for the US dollar fell 1 cent to end at $121.32. A total of US$39,008,262 was sold versus US$44,298,247 on Tuesday, the selling rate rose 2 cents to end at $122.01.FX sum 23-03-16 The Canadian dollar buying rate fell $1.23 to end at $89.34 with dealers buying C$840,296 and selling C$496,721, at an average rate that dropped $3.15 to $91.54. The rate for buying the British Pound climbed $1.05 to $172.21 for the purchase of £1,967,596, while £301,680 was sold, as the rate fell $2.70 to $170. At the end of trading, the selling rate for Euro, fell 33 cents to close at J$136.96, from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$134.17 for a fall of 38 cents from Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$309,670 being bought, while US$269,807 was sold.
FX HL 23-03-16Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Wednesday are, a rise of $1.15 in the highest buying rate of the US dollar to $123.30 and a rise of $1.97 in the lowest selling rate to $101.75. The highest buying rate of the Canadian dollar dropped $3.15 to $92.50 while a decline of $1.29 in the lowest buying rate took the final rate to $73. There was a rise of $1.30 in the highest buying rate to $175.90 for the British Pound while the lowest buying dipped $1.99 to $138.61.

Losses for Jamaican$ on Tuesday

FX_USPoundTrading resulted in the Jamaican dollar losing value on Tuesday as the market ended with dealers buying the equivalent of US$42,863,013 and selling US$47,456,165, in contrast to US$51,988,256 purchased and US$42,767,826 sold on Monday.
In US dollars trading, dealers bought US$38,864,989 compared to US$47,140,812 on Monday, as the buying rate for the US dollar rose 1 cent to end at $121.33. A total of US$44,298,247 was sold versus US$41,056,525 on Monday, the selling rate rose 6 cents to end at $121.99. FX sum 22-03-16The Canadian dollar buying rate gained 31 cents to end at $90.57 with dealers buying C$1,596,098 and selling C$618,347, at an average rate that climbed $1.34 to $94.69. The rate for buying the British Pound dipped by 54 cents to $171.16 for the purchase of £1,927,091, while £618,347 was sold, as the rate gained 22 cents to $172.70. At the end of trading, the selling rate for Euro, fell 45 cents to close at J$137.29, from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$134.55 for a fall of 35 cents from Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$88,067 being bought, while US$183,721 was sold.
FX HL 22-03-16Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Tuesday are, a rise of $2.05 in the highest buying rate of the Canadian dollar to $95.65. A decline of $2.20 in the highest buying rate of the British Pound to $174.60, slippage of $2.34 to $181.26 in the highest selling rate while the lowest selling rate was down $1.20 to $165.

Gains for Jamaican$ on Monday

Trading resulted in the Jamaican dollar gaining in value on Monday as the market ended with dealers buying the equivalent of US$51,988,256 and selling US$42,767,826, in contrast to US$33,506,151 purchased and US$31,293,513 sold on Friday.
FX sum 21-03-16In US dollars trading, dealers bought US$47,140,812 compared to US$29,939,202 on Friday, as the buying rate for the US dollar rose 3 cents to end at $121.32. A total of US$41,056,525 was sold versus US$29,104,944 on Friday, the selling rate fell 5 cents to end at $121.93. The Canadian dollar buying rate fell $1.63 to end at $90.26 with dealers buying C$1,998,221 and selling C$1,323,713, at an average rate that dropped 72 cents to $93.35. The rate for buying the British Pound dipped by 73 cents to $171.70 for the purchase of £2,264,195, while £315,739 was sold, on Friday, as the rate slipped by $2.43 to $172.48. At the end of trading, the selling rate for Euro, fell 34 cents to close at J$137.74, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European FX HL 21-03-16common currency at J$134.90 for a fall of 30 cents from Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$156,460 being bought, while US$251,228 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Monday are, a big drop in the lowest selling rate of the US dollar of $18.22 to $99.78. A decline of $1.90 in the lowest selling rate of the Canadian dollar to close at $86.

Mixed day for Jamaican$ on Friday

bob-marleyTrading resulted in the Jamaican dollar falling in value on Friday against the Canadian dollar and Pound sterling but rising against the US dollar. The market ended with dealers buying the equivalent of US$33,506,151 and selling US$31,293,513, in contrast to US$32,371,601 purchased and US$38,885,383 sold on Thursday.
In US dollars trading, dealers bought US$29,939,202 compared to US$27,218,608 on Thursday, as the buying rate for the US dollar remained unchanged at $121.29. A total of US$29,104,944 was sold versus US$35,303,983 on Thursday, the selling rate fell 4 cents to end at $121.98.FX sum 18-03-16 The Canadian dollar buying rate fell 12 cents to end at $91.89 with dealers buying C$2,088,057 and selling C$1,686,205, at an average rate that gained 99 cents to $94.07. The rate for buying the British Pound jumped $1.25 to $172.43 for the purchase of £1,157,998, while £472,442 was sold, on Thursday, as the rate climbed $2.81 to $174.91. At the end of trading, the selling rate for Euro, rose $2.97 to close at J$138.08, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.20 for a rise of $2.89 from Thursday’s rate. The US dollar equivalent of other currencies traded, amounts to US$338,687 being bought, while US$210,802 was sold.
FX HL 18-03-16Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Friday are, a gain of $1.66 in the lowest buying rate of the Canadian dollar to close at $74.29 and a rise of $2.40 in the lowest selling rate to $87.90. The highest buying rate of the British Pound slipped $1.65 to end at $176.20, while the lowest buying rate declined $3.16 to $140.69, the highest selling rate gained $3.37 to $183.06 and the Lowest selling rate was down $1.10 to $166.10.

Losses for Jamaican$ on Thursday

1000frontTrading resulted in the Jamaican dollar falling in value on Thursday against all majors it normally trade against. The market ended with dealers buying the equivalent of US$32,371,601 and selling US$38,885,383, in contrast to US$32,239,806 purchased and US$36,057,709 sold on Wednesday.
In US dollars trading, dealers bought US$27,218,608 compared to US$29,447,273 on Wednesday, as the buying rate for the US dollar remained unchanged at $121.29.FX sum 17-03-16 A total of US$35,303,983 was sold versus US$34,805,943 on Wednesday, the selling rate rose 2 cents to end at $122.02. The Canadian dollar buying rate rose $2.68 to end at $92.01 with dealers buying C$2,284,261 and selling C$2,483,743, at an average rate that gained $2.77 to end at $93.08. The rate for buying the British Pound jumped $2.80 to $171.18 for the purchase of £2,160,452, while £964,420 was sold, on Wednesday, as the rate climbed $2.04 to $172.10. At the end of trading, the selling rate for Euro, lost 49 cents to close at J$135.10, from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$132.31 for a fall of 47 cents from Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$371,110 being bought, while US$326,270 was sold.
FX HL 17-03-16Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Thursday are, a gain of $2.12 in the highest buying rate of the Canadian dollar to close at $94.12 and a rise of $4.85 in the highest buying rate of the British Pound to end at $177.85, while the lowest buying rate fell 83 cents to $137.53.

Gains for Jamaican$ on Wednesday

FX_USPoundTrading resulted in the Jamaican dollar gained in value on Wednesday against all majors it normally trade against. The market ended with dealers buying the equivalent of US$32,239,806 and selling US$36,057,709, in contrast to US$38,374,952 purchased and US$59,515,111 sold on Tuesday.
In US dollars trading, dealers bought US$29,447,273 compared to US$35,361,406 on Tuesday, with the buying rate for the US dollar falling 2 cents to $121.29. A total of US$34,805,943 was sold versus US$38,036,432 on FX sum 16-03-16Tuesday as the selling rate fell 2 cents to end at $122. The Canadian dollar buying rate rose $1.17 to end at $89.33 with dealers buying C$1,291,827 and selling C$591,206, at an average rate that declined by 98 cents to $90.31. The rate for buying the British Pound dropped $1.05 to $168.38 for the purchase of £1,208,083, while only £454,489 was sold compared to £14,483,014, on Tuesday, as the rate dropped $3.47 to $170.06. At the end of trading, the selling rate for Euro, gained 5 cents to close at J$135.59, from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$132.78 for a fall of 10 cents on Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$164,137 being bought, while US$180,548 was sold.
FX HL 16-03-16Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Wednesday are, a gain of $18.26 in the lowest selling rate of the US dollar to close at $118 and a fall of $2.35 in the highest buying rate of the British Pound to $173, while the lowest buying rate fell $1.08 to $138.36 and the highest selling rate declined by $1.04 to $165.

NCB sold off big block of £ – Tuesday

NCB sold off £14m on Tuesday.

NCB sold off £14m on Tuesday.

In a surprising move, National Commercial sold off an unusually large amount of Pound sterling in disposing of £14.1 million out of a total of £14.48 million that was sold on Tuesday. The amount sold is not what is the usual daily trading of approximately £1 to £2 million.
Trading resulted in the Jamaican dollar gaining value against the US dollar on Tuesday but falling against the Pound and the Canadian. The market ended with dealers buying the equivalent of US$38,374,952 and selling US$59,515,111, in contrast to US$55,938,398 purchased and US$42,243,409 sold on Monday.
FX sum 15-03-16In US dollars trading, dealers bought US$35,361,406 compared to US$52,402,992 on Monday, with the buying rate for the US dollar falling 15 cents to $121.31. A total of US$38,036,432 was sold versus US$40,586,538 on Monday as the selling rate fell 1 cent to end at $122.02. The Canadian dollar buying rate lost 22 cents to end at $88.16 with dealers buying C$1,087,597 and selling C$817,857, at an average rate that rose 47 cents to $91.29. The rate for buying the British Pound dropped $1.46 to $169.43 for the purchase of £1,474,724, while £14,483,014 was sold, the rate rose 49 cents to $173.53. At the end of trading, the selling rate for Euro, fell by 63 cents to close at J$135.54, from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$132.88 for a fall of 65 cents on Monday’s rate. FX HL 15-03-16 The US dollar equivalent of other currencies traded, amounts to US$163,481 being bought, while US$269,070 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Tuesday are, a fall of $1.20 in the lowest selling rate of the Canadian dollar to close at $85 and a fall of $2 in the lowest selling rate of the British Pound that landed at $165.

J$ holds firm v US on Monday

Trading in the Jamaican foreign exchange market resulted in the Jamaican dollar holding value against the US dollar on Monday but falling against the Pound and rising versus Canadian. The market ended with dealers buying the equivalent of US$55,938,398 and selling US$42,243,409, in contrast to US$43,527,882 purchased and US$36,684,327 sold on Friday.
FX sum 14-03-16In US dollars trading, dealers bought US$52,402,992 compared to US$39,284,534 on Friday, with the buying rate for the US dollar falling 2 cents to $121.46. A total of US$40,586,538 was sold versus US$34,523,089 on Friday as the selling rate remained unchanged at $122.03. The Canadian dollar buying rate lost 35 cents to end at $88.38 with dealers buying C$1,376,828 and selling C$587,689, at an average rate that fell 87 cents to $90.82. The rate for buying the British Pound climbed 85 cents to $170.89 for the purchase of £1,685,921, while £723,740 was sold, the rate rose 83 cents to $173.04. At the end of trading, the selling rate for Euro, climbed 18 cents to close at J$136.17, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.53 for a rise of 32 cents on Friday’s rate. The US dollar equivalent of other currencies FX HL 14-03-16 traded, amounts to US$161,443 being bought, while US$193,250 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Monday are, a fall of $18.22 in the lowest selling rate of the US dollarto end at $99.78 a fall of $1 in the lowest selling rate of the Canadian dollar that closed at $86.20 and a fall of $1 in the highest buying rate of the British Pound that landed at $174.70 and a rise of $1.10 in the lowest selling rate to $167.