FX trading falls for the week

The selling rate of Jamaican dollar fell 42 cents in value against the United States dollar for the week ending Friday, but the rate dealers bought US dollar fell 30 cents from the closing rate of the previous week.
For the week, dealers traded less foreign currency that in the prior week. They purchased US$174 million in all currencies, down from US$185 million in the previous week and sold US$156 million, down from US$167 million sold in the prior week. Actual US dollar purchases amounted to US$155 million down from US$171 million in the prior week and sold US$144 compared to US$159 million.
On Friday, Inflows of all currencies, totaled US$33.35 million, versus US$37.13 million on Thursday with the selling of US$31.73 million in contrast to US$28.47 million previously.
In US dollar trading, dealers sold US$27.92 million at an average of $127.44 at the close, compared to US$26.17 million at an average of $127.14 on Thursday.Purchases of the US currency by dealers, amounted to US$28.22 million at an average of $125.47 at the close, compared US$32.54 million at an average of $125.83.
At mid-day on Friday dealers purchased US$12.12 million at an average rate of J$126.16 and sold US$9.16 million at an average of J$127.53. On Thursday at midday dealers purchased US$9.03 million at an average rate of J$125.88 and sold US$6.97 million at an average of J$126.69.
The selling rate on Friday, for the Canadian dollar fell to J$98.59 from J$99.45 at the close on Thursday, the selling rate for the British Pound rose to J$177.86 from J$176.63 previously and the euro jumped in value against the Jamaican dollar at J$159.60 to buy the European common currency, versus the prior selling rate of J$153.88.

FX demand dips revalues Jamaican$

The Jamaican dollar continues the recent decline in value against the United States dollar on Thursday, ending with a fall of 16 cents in the rate to buy the US dollar while the rate paid by dealers climbed 52 cents.
The British Pound and the euro also lost ground against the Jamaican dollar at the end of FX trading on Thursday.
Inflows of all currencies, totaled US$ 37.13 million, versus US$35.05 million on Wednesday with the selling of US$28.47 million in contrast to US$33.63 million previously.
In US dollar trading, dealers sold US$26.17 million at an average of $127.14 at the close, compared to US$31.34 million at an average of $127.33 on Wednesday. Purchases of the US currency by dealers, amounted to US$32.54 million at an average of $125.83 at the close, compared US$31.95 million at an average of $125.31.
At mid-day on Thursday dealers purchased US$9.03 million at an average rate of J$125.88 and sold US$6.97 million at an average of J$126.69. On Wednesday at midday dealers purchased US$9.3 million at an average rate of J$125.84 and sold US$10.99 million at an average of J$127.47.
The selling rate on Thursday, for the Canadian dollar rose to J$99.45 from 98.37 at the close on Wednesday, the selling rate for the British Pound fell to J$176.63 from J$178.04 previously and the euro dropped in value against the Jamaican dollar at J$153.88 to buy the European common currency, versus the prior selling rate of J$156.78.

More Jamaican dollar losses – Wednesday

The Jamaican dollar continues the recent decline in value against the United States dollar on Wednesday, ending with a rise of 8 cents in the rate to buy the US dollar while the rate paid by dealers fell 29 cents.
Inflows of all currencies, totaled US$35.05 million, versus US$36.98 million on Tuesday with the selling of US$33.63 million in contrast to US$32.70 million previously.
In US dollar trading, dealers sold US$31.34 million at an average of $127.33 at the close, compared to US$30.91 million at an average of $127.15 on Tuesday. Purchases of the US currency by dealers, amounted to US$31.95 million at an average of $125.31 at the close, compared US$33.64 million at an average of $125.60.
At mid-day on Wednesday dealers purchased US$9.3 million at an average rate of J$125.84 and sold US$10.99 million at an average of J$127.47. On Tuesday at midday dealers purchased US$11.85 million at an average rate of J$125.72 and sold US$9.85 million at an average of J$126.96.
The selling rate on Wednesday, for the Canadian dollar fell to J$98.37 from J$100.62 at the close on Tuesday, the selling rate for the British Pound increased to J$178.04 from J$176.40 previously and the euro declined in value against the Jamaican dollar at J$156.78 to buy the European common currency, versus the prior selling rate of J$156.92.

Another fall in Jamaican dollar – Tuesday

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The Jamaican dollar continue the recent decline in value against the United States dollar on Tuesday ending with a rise of 4 cents while the rate paid by dealers increased by 92 cents.
Inflows of all currencies, totaled US$36.98 million, versus US$31.68 million on Monday with the selling of US$32.70 million in contrast to US$29.73 million previously.
In US dollar trading, dealers sold US$30.91 million at an average of $127.15 at the close, compared to US$27.95 million at an average of $127.11 on Monday. Purchases of the US currency by dealers, amounted to US$33.64 million at an average of $125.60 at the close, compared to US$28.27 million at an average of $124.68.
At mid-day on Tuesday dealers purchased US$11.85 million at an average rate of J$125.72 and sold US$9.85 million at an average of J$126.96. On Monday at midday dealers purchased US$11.23 million at an average rate of J$125.35 and sold US$6.62 million at an average of J$127.42.
The selling rate on Tuesday, for the Canadian dollar rose to J$100.62 from J$100.20 at the close on Monday, the selling rate for the British Pound increased to J$176.40 from J$174.84 previously and the euro declined in value against the Jamaican dollar at J$156.92 to buy the European common currency, versus the prior selling rate of J$157.70.

Jamaican dollar slip again vs US$ – Monday

The Jamaican dollar continue the recent decline in value against the United States dollar on Monday ending with a rise of 9 cents while the rate paid by dealers dropped by $1.08.
Inflows of all currencies, totaled US$31.68 million, versus US$54.17 million on Friday with the selling of US$29.73 million in contrast to US$44.95 million on Friday.
In US dollar trading, dealers sold US$27.95 million at an average of $127.11 at the close, compared to US$43.56 million at an average of $127.02 on Friday. Purchases of the US currency by dealers, amounted to US$28.27 million at an average of $124.68 at the close, compared to US$51.60 million at an average of $125.77.
At mid-day on Monday dealers purchased US$11.23 million at an average rate of J$125.35 and sold US$6.62 million at an average of J$127.42. On Friday at midday dealers purchased US$26.14 million at an average rate of J$126.23 and sold US$17.86 million at an average of J$126.86.
The selling rate on Monday, for the Canadian dollar rose to J$100.20 from J$99.78 at the close on Friday, the selling rate for the British Pound fell to J$174.84 from J$177.51 previously and the euro declined in value against the Jamaican dollar at J$157.70 to buy the European common currency, versus the prior selling rate of J$158.71.

Jamaican$ hits 127 to US$ – Friday

The Jamaican dollar continue the recent decline in value against the United States dollar on Friday ending with a rise of 18 cents just over J$127 to the US dollar.
The rate for buying the US dollar by dealers jumped by 58 cents above Thursday’s rate.
Inflows of all currencies, totaled US$54.17 million, versus US$44.56 million on Thursday with the selling of US$44.95 million in contrast to US$37.54 million on Thursday.
In US dollar trading, dealers sold US$43.56 million at an average of $127.02 at the close, compared to US$33.52 million sold at an average of $126.80 on Thursday. Purchases of the US currency by dealers, amounted to US$51.60 million at an average of $125.77 at the close, compared to US$38.30 million at an average of $125.19.
At mid-day on Friday dealers purchased US$26.14 million at an average rate of J$126.23 and sold US$17.86 million at an average of J$126.86. On Thursday at midday dealers purchased US$11.01 million at an average rate of J$125.66 and sold US$7.28 million at an average of J$126.71.
The selling rate on Friday, for the Canadian dollar rose to J$99.78 from J$99.73 at the close on Thursday, the selling rate for the British Pound rose to J$177.51 from J$176.41 previously and the euro rose in value against the Jamaican dollar at J$158.71 to buy the European common currency, versus the prior selling rate of J$157.74.
For the week, dealers purchased US$185 million in all currencies, up from $179 million in the previous week and sold USS167 million, down from US$181 million sold in the prior week.

Jamaican dollar nears 127 to the US$ – Thursday

The Jamaican dollar continue the recent decline in value against the United States dollar on Thursday and is now a shade away from J$127 to the US dollar.
The rate for buying the US dollar by Jamaicans rose 8 cents from Tuesday’s closing selling rate, while the buying rate rose 7 cents above Tuesday’s rate.
Inflows of all currencies, totaled US$44.56 million, versus US$39.08 million on Tuesday with the selling of US$37.54 million in contrast to US$41.74 million on Tuesday.
In US dollar trading, dealers sold US$33.52 million at an average of $126.80 at the close, compared to US$40.65 million at an average of $126.72 on Tuesday. Purchases of the US currency by dealers, amounted to US$38.30 million at an average of $125.19 at the close, compared to US$36.71 million at an average of $125.12.
At mid-day on Thursday dealers purchased US$11.01 million at an average rate of J$125.66 and sold US$7.28 million at an average of J$126.71. On Tuesday at midday dealers purchased US$17.30 million at an average rate of J$125.58 and sold US$14.45 million at an average of J$126.60.
The selling rate on Thursday, for the Canadian dollar rose to J$99.73 from J$98.62 at the close on Tuesday, the selling rate for the British Pound rose to J$176.41 from J$174.65 previously and the euro rose in value against the Jamaican dollar at J$157.74 to buy the European common currency, versus the prior selling rate of J$156.53.
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Jamaica dollar losses value against all – Tuesday

The Jamaican dollar continue the recent decline in value against the United States dollar on Tuesday, with the rate rising 17 cents from Monday’s closing selling rate, to close at $126.55 while the buying rate rose 5 cents above Monday’s rate.
Inflows of all currencies, totaled US$39.08 million, versus US$46.97 million on Monday with the selling of US$41.74 million in contrast to US$42.89 million on Monday.
In US dollar trading, dealers sold US$40.65 million at an average of $126.72 at the close, compared to US$41.23 million at an average of $126.55 on Monday. Purchases of the US currency by dealers, amounted to US$36.71 million at an average of $125.12 at the close, compared to US$44.35 million at an average of $125.07.
At mid-day on Tuesday dealers purchased US$17.30 million at an average rate of J$125.58 and sold US$14.45 million at an average of J$126.60.
The selling rate on Tuesday, for the Canadian dollar rose to J$98.62 from J$98.34 at the close on Monday, the selling rate for the British Pound rose to J$174.65 from J$174.58 previously and the euro rose in value against the Jamaican dollar at J$156.53 to buy the European common currency, versus the prior selling rate of J$156.45.

More losses for Jamaica dollar – Monday

The Jamaican dollar continue the recent decline in value against the United States dollar on Monday, with the rate rising 8 cents from Friday’s closing selling rate, to close at $126.55 while the buying rate jumped 49 cents above Friday’s rate.
Inflows of all currencies, totaled US$46.97 million, versus US$37.22 million on Friday with the selling of US$42.89 million in contrast to US$33.37 million on Friday.
In US dollar trading, dealers sold US$41.23 million at an average of $126.55 at the close, compared to US$32.05 million at an average of $126.47 on Friday. Purchases of the US currency by dealers, amounted to US$44.35 million at an average of $125.07 at the close, compared to US$31.27 million at an average of $124.58.
The selling rate on Monday, for the Canadian dollar fell to J$98.34 from J$98.65 at the close on Friday, the selling rate for the British Pound rose to J$174.58 from J$173.11 previously and the euro dropped in value against the Jamaican dollar at J$156.45 to buy the European common currency, versus the prior selling rate of J$153.20.

Jamaica dollar lost more value vs US$ – Friday

The Jamaican dollar continue the recent decline in value against the United States dollar on Friday, with the rate rising 19 cents from Thursday’s closing selling rate, to close at $126.47 while the buying rate inched up by 10 cents above Thursday’s rate.
Inflows of all currencies, totaled US$37.22 million, versus US$27.62 million on Thursday with the selling of US$33.37 million in contrast to US$33.06 million on Thursday.
In US dollar trading, dealers sold US$32.05 million at an average of $126.47 at the close, compared to US$31.17 million at an average of $126.28 on Thursday. Purchases of the US currency by dealers, amounted to US$31.27 million at an average of $124.58 at the close, compared to US$25.34 million at an average of $124.48.
At mid-day on Friday dealers purchased US$13.40 million at an average rate of J$125.11 and sold US$9.16 million at an average of J$126.46. On Thursday at midday dealers purchased US$10.22 million at an average rate of J$125.01 and sold US$9.14 million at an average of J$126.18.
The selling rate on Friday, for the Canadian dollar fell to J$98.65 from J$98.84 at the close on Thursday, the selling rate for the British Pound slipped to J$173.11 from J$175.55 previously and the euro dropped in value against the Jamaican dollar at J$153.20 to buy the European common currency, versus the prior selling rate of J$157.15.