The Jamaica dollar recovered on Thursday from some of the losses suffered when dealers sold US dollars to Bank of Jamaica in the B-FXITT auction that helped to push up the selling rate on Wednesday.
Inflows of all currencies amounted to the equivalent US$34.79 million compared to US$38.04 million on Wednesday and sold US$31.28 million compared to US$55.58 million, including the amount sold to Bank of Jamaica on Wednesday.
At the close of foreign currency trading, dealers sold US$27.16 million, for 16 cents less than on Wednesday with the US dollar selling rate closing at J$125.57, compared to J$125.73 in the sale of US$52.03 million on Wednesday. Purchases of the US currency by dealers, amounted to US$32.90 million, with the average rate climbing 26 cents to $124.30, compared to US$32.44 million, with the average rate of $123.94 on Wednesday.
At mid-day on Thursday dealers purchased US$12.17 million at an average rate of J$124.70 and sold $7.66 million at an average of J$125.49. At mid-day on the previous trading day, dealers purchased US$14 million at an average rate of J$124.51 and sold $18.42 million at an average of J$125.38.
The Jamaican dollar closed trading, with the selling rate for the Canadian dollar, jumped to J$101.70 from J$97.54 at the close on Wednesday. The selling rate for the British Pound declined to J$173.57 from J$174.67 previously and the euro fell versus the Jamaican dollar to J$152.63 to buy the European common currency, versus the prior selling rate of J$154.27.

Trading volumes remained high in the Jamaica foreign currency market on Tuesday, with the average rates against the US dollar rising against the closing rates on Monday.
Dealers enjoyed inflows of all currencies amounting to the equivalent US$43.20 million compared to US$49.25 million bought on Monday and sold US$44.03 million versus US$48.57 million previously.
At the close of foreign currency trading, dealers sold US$39.23 million at 14 cents more than on Monday with the US dollar selling rate closing at J$125.36, compared to J$125.22 in the sale of US$42.11 million at the close, on Monday. Purchases of the US currency by dealers, amounted to US$40.56 million, with the average rate rising 35 cents to $124.17, compared to US$42.64 million, with the average rate of $123.82 on Monday.
At mid-day on Tuesday dealers purchased US$14 million at an average rate of J$124.51 and sold $18.42 million at an average of J$125.38. At mid-day on the previous trading day, dealers purchased US$14.62 million at an average rate of J$124.18 and sold $10.34 million at an average of J$125.29.
The Jamaican dollar closed trading, with the selling rate for the Canadian dollar, climbed to J$101.34 from J$98.36 at the close on Monday. The selling rate for the British Pound rose to J$176.07 from J$175.34 previously and the euro gained versus the Jamaican dollar to J$154.99 to buy the European common currency, versus the prior selling rate of J$153.42.

Trading volumes increased in the Jamaica foreign currency market on Monday, with the average selling rate against the US dollar rising modestly and the buying rate easing versus the closing rate on Friday.
Dealers enjoyed inflows of all currencies amounting to the equivalent US$49.25 million compared to US$38.7 million bought on Friday and sold US$48.57 million versus US$33.34 million previously.
At the close of foreign currency trading, dealers sold US$42.11 million at 3 cents more than on Friday with the US dollar selling rate closing at J$125.22, compared to J$125.19 in the sale of US$30.55 million at the close, on Friday. Purchases of the US currency by dealers, amounted to US$42.64 million, with the average rate falling 18 cents to $123.82, compared to US$35.32 million, with the average rate of $124 on Friday.
At mid-day on Monday dealers purchased US$14.62 million at an average rate of J$124.18 and sold $10.34 million at an average of J$125.29. At mid-day on the previous trading day, dealers purchased US$12.59 million at an average rate of J$124.63 and sold $11.54 million at an average of J$125.15.
The Jamaican dollar closed trading, with the selling rate for the Canadian dollar, fell to J$98.36 from J$99.06 at the close on Friday. The selling rate for the British Pound declined to J$175.34 from J$175.94 previously and the euro declined versus the Jamaican dollar to J$153.42 to buy the European common currency, versus the prior selling rate of J$156.23.

Trading volumes declined sharply in the Jamaica foreign currency market on Friday, but the average trading rate against the US dollar fell, with inflows of US$38.7 million of all currencies and sale of US$33.34 million.
On Thursday, the market closed with the equivalent of US$27.57 million bought by dealers of all currencies, while they sold US$34.96 million.
The amounts of foreign currencies traded by dealers during the past week fell from the prior week. Dealers bought US$191 million in all currencies, down from US$239 million bought in the previous week. Dealers sold US$210 million, compared to US$240 million in the prior week. Actual US dollar purchases by dealers amounted to US$166 million down from US$211 million in the prior week and they sold US$184 million compared to US$222 million previously.
The Jamaica dollar gained modestly in value against the US dollar, at the close of foreign currency trading, with dealers selling US$30.55 million for 19 cents less than on Thursday with the US dollar selling rate closing at J$125.19, compared to J$125.37 in the sale of US$31.29 million at the close, on Thursday. Purchases of the US currency by dealers, amounted to US$35.32 million, with the average rate rising 35 cents to $124, compared to US$23.18 million, with the average rate of $123.65 on Thursday.
At mid-day on Friday dealers purchased US$12.59 million at an average rate of J$124.63 and sold $11.54 million at an average of J$125.15. At mid-day on the previous trading day, dealers purchased US$7.34 million at an average rate of J$124 and sold $9.8 million at an average of J$125.37.
The Jamaican dollar closed trading, with the selling rate for the Canadian dollar, inched lower to J$99.06 from J$99.57 at the close on Thursday. The selling rate for the British Pound declined to J$175.94 from J$178.11 previously and the euro declined versus the Jamaican dollar to J$156.23 to buy the European common currency, versus the prior selling rate of J$156.55.

Trading volumes declined sharply in the Jamaica foreign currency market on Thursday, but the average trading rate against the US dollar fell, with inflows of US$27.57 million of all currencies and sale of US$34.96 million.
On Wednesday, the market closed with the equivalent of US$34.93 million bought by dealers of all currencies, while they sold US$54.24 million.
The Jamaica dollar gained modestly in value against the US dollar, at the close of foreign currency trading, with dealers selling US$31.29 million for 8 cents less than on Wednesday with the US dollar selling rate closing at J$125.37, compared to J$125.45 in the sale of $49.50 million at the close, on Wednesday. Purchases of the US currency by dealers, amounted to just US$23.18 million, with the average rate falling 8 cents to $123.65, compared to US$30.26 million, with the average rate of $123.73 on Wednesday.
At mid-day on Thursday dealers purchased US$7.34 million at an average rate of J$124 and sold $9.8 million at an average of J$125.37. At mid-day on the previous trading day, dealers purchased US$13.17 million at an average rate of J$124.42 and sold $15.78 million at an average of J$125.54.
The Jamaican dollar closed trading, with the selling rate for the Canadian dollar, inched up to J$99.57 from J$99.54 at the close on Wednesday. The selling rate for the British Pound rose to J$178.11 from J$177.61 previously and the euro declined versus the Jamaican dollar to J$156.55 to buy the European common currency, versus the prior selling rate of J$158.54.

The Jamaica dollar fell in value against the US dollar at the close of foreign currency trading, with dealers selling US$49.50 million for 40 cents more than on Tuesday.
The US dollar selling rate closed at J$125.45, compared to J$125.05 in the sale of $32.71 million at the close, on Tuesday. Purchases of the US currency by dealers, amounted to US$30.26 million, with the average rate rising just 1 cent to $123.73, compared to US$30.62 million, with the average rate of $123.72 on Tuesday.
The market closed with inflows of US$34.93 million of all currencies, versus US$36.58 million on Tuesday, while dealers sold US$54.24 million in contrast to US$41.30 million, in the previous trading session.
At mid-day on Wednesday dealers purchased US$13.17 million at an average rate of J$124.42 and sold $15.78 million at an average of J$125.54. At mid-day on the previous trading day, dealers purchased US$16.4 million at an average rate of J$124.33 and sold $10.84 million at an average of J$124.90.
The Jamaican dollar closed trading, with the selling rate for the Canadian dollar, dropped back to J$99.54 from J$102.46 at the close on Tuesday. The selling rate for the British Pound fell to J$177.61 from J$178.04 previously and the euro jumped versus the Jamaican dollar to J$158.54 to buy the European common currency, versus the prior selling rate of J$154.89.

At the close of trading in the foreign currency market the Jamaica dollar continued to gain strength, with dealers selling the US$32.71 million for 8 cents less than on Monday with US dollar selling rate closing at J$125.05, compared to $39.54 million at J$125.13 at the close, on Monday.
Purchases of the US currency by dealers, amounted to US$30.62 million, with the average rate falling 21 cents to $123.72, compared to US$46.21 million, with the average rate of $123.93 on Monday.
The market closed with inflows of US$36.58 million of all currencies, versus US$53.39 million on Monday and dealers sold US$41.30 million in contrast to US$46.59 million, in previous trading.
At mid-day on Tuesday dealers purchased US$16.4 million at an average rate of J$124.33 and sold $10.84 million at an average of J$124.90. At mid-day on the previous trading day, dealers purchased US$25.27 million at an average rate of J$124.70 and sold $15.95 million at an average of J$125.15.
The Jamaican dollar closed trading, with the selling rate for the Canadian dollar, rising to J$102.46 from J$98.68 at the close on Monday. The selling rate for the British Pound increased to J$178.04 from J$177.56 previously and the euro fall against the Jamaican dollar to J$154.89 to buy the European common currency, versus the prior selling rate of J$154.93.

In US dollar trading, dealers sold US$39.54 million at a rate that fell by 15 cents to J$125.13 at the close, compared to $37.73 million at J$125.28 at the close, on Friday.
Purchases of the US currency by dealers, amounted to US$46.21 million, with the average rate rising 18 cents to $123.93, compared to US$28.76 million, with the average rate of $123.75 on Friday.
The market closed with inflows of US$53.39 million of all currencies, versus US$32.29 million on Friday and dealers sold US$46.59 million in contrast to US$39.25 million, in previous trading.
At mid-day on Monday dealers purchased US$25.27 million at an average rate of J$124.70 and sold $15.95 million at an average of J$125.15. At mid-day on the previous trading day, dealers purchased US$12.16 million at an average rate of J$124.45 and sold $15.18 million at an average of J$125.32.
The Jamaican dollar closed trading, with the selling rate for the Canadian dollar, rising to J$99.68 from J$98.67 at the close on Friday. The selling rate for the British Pound increased to J$177.56 from J$177.27 previously and the euro fall against the Jamaican dollar to J$154.93 to buy the European common currency, versus the prior selling rate of J$156.62.