In Forex trading on Monday, the total inflows of funds was more than outflows, with the equivalent of US$42,845,590 being purchased to US$36,734,655 sold compared to the equivalent of US$24,376,857 bought and US$22,464,188 sold on the previous trading day.
In US dollar trading, dealers bought US$36,457,358 compared to US$20,362,496 on Friday as the buying rate for the US dollar fell 1 cent to $111.89 and sold US$32,914,257 versus US$18,760,043 on Friday, with the rate rising 3 cents to $112.52.
The Canadian dollar buying rate fell $1.97 to $103 with dealers buying C$1,284,007 and selling only C$770,986, the rate eased by 51 cents to $105.60.
The Pound closed at $190.71 for the purchase of £2,508,638, the rate rose 91 cents, while £1,297,137 was sold, with the rate inching up by 29 cents to $192.88. Other currencies bought, amounted to the equivalent of US$930,317 while selling was the equivalent of just US$873,204.
Highs & Lows| The highest rate for buying the US dollar gained 40 cents to $113.30, the lowest buying and the highest selling rates were unchanged at $91.85 
and $117.70 respectively, but the lowest selling rate declined by 83 cents to $91.02.
The highest buying rate for the Canadian dollar fell 35 cents to $105.95 and the lowest buying rate was up 25 cents to $84.08. The highest selling rate was up 32 cents, to $108.39 and lowest selling rate, dropped by $18.16 to $82.84.
The highest buying rate for the British Pound, increased by $1.20 to $194.50, while the lowest buying rate increased 8 cents to $154.71. The highest selling rate climbed $3.34 to $199.45 and the lowest selling rate was up by $3.44 to $186.40.
More inflows than outflows but J$ still slips vs US
NIR jumps US$211M to US$1.376 Billion
The net International reserves (NIR) jumped US$211 million in June to reach US$1.376 billion. The NIR now represents 19.90 weeks of goods imports and 14.57 weeks of goods and services imports.
The Gross NIR amounts to US$2.016 billion at the end of June. During the month the central bank offered a series of US dollar based bonds and this would have helped to swell the numbers.
Forex flows down sharply
In Forex trading on Friday, the total inflows of funds was more than outflows, with the equivalent of US$24,376,857 purchased to US$22,464,188 sold compared to the equivalent of US$38,577,518 bought and US$32,619,871 sold on the previous trading day.
In US dollar trading, dealers bought US$20.36 million compared to US$33.54 million on Thursday as the buying rate for the US dollar fell 6 cents to $111.90 and sold US$18,760,043 versus US$29,180,481 on Thursday, with the rate rising 9 cents to $112.48.
The Canadian dollar buying rate was up $1.57 to $104.97 with dealers buying C$2,289,929 and selling C$2,105,928, the rate rose by 46 cents to $106.11.
The Pound closed at $189.80 for the purchase of £986,464, the rate fell 31 cents, while £452,417 was sold, with the rate inching down by 70 cents to $192.59. Other currencies bought, amounted to the equivalent of US$192,950 while selling was the equivalent of just US$942,867.
Highs & Lows| The highest rate for buying the US dollar was unchanged at $112.90, the lowest buying rate climbed 42 cents to $91.85, the highest selling rate was unchanged at $117.70 but the lowest selling rate was up 83 cents to $91.85.
The highest buying rate for the Canadian dollar rose 35 cents to $106.30, the lowest buying rate was up 54 cents to $83.83, the highest selling rate was unchanged at $108.07 and lowest selling rate rose by $1 to $101.
The highest buying rate for the British Pound declined by 20 cents to $193.30 while the lowest buying rate increased 62 cents to $154.63. The highest selling rate fell $3.61 to $196.11 and the lowest selling rate was down by $3.04 to $182.96.
Inflows out strip sales but J$ slips
In Forex trading, the total inflows of funds was more than outflows, with the equivalent of S$38,577,518 purchased to US$32,619,871 sold compared to the equivalent of US$25,437,601 bought and $28,097,173 sold on the previous trading day.
In US dollar trading, dealers bought US$33,538,397 compared to US$22,803,724 on Wednesday as the buying rate for the US dollar increased by 20 cents to $111.95 and sold US$29,180,481 versus US$25,704,876 on Wednesday, with the rate rising 8 cents to $112.39.
The Canadian dollar buying rate was up 90 cents to $103.41 with dealers buying C$1,258,480 and selling C$1,132,601 as the rate fell by 30 cents to end at $105.66.
The Pound closed at $190.12 for the purchase of £2,233,157, the rate increased by 39 cents, while £1,353,848 was sold, with the rate climbing by $1.16 to $193.28. Other currencies bought, amounted to the equivalent of US$84,491 while selling accounted for the equivalent of just US$46,361.
Highs & Lows| The highest rate for buying the US dollar fell 2 cents to $112.90, the lowest buying rate was unchanged at $91.43, the highest selling rate was up 53 cents to $117.70 but the lowest selling rate was unchanged at $91.02.
The highest buying rate for the Canadian dollar rose 45 cents to $105.95, the lowest buying rate was unchanged at $83.29, the highest selling rate rose by 43 cents to $108.07 and lowest selling rate fell $1.50 to $100.
The highest buying rate for the British Pound gained 45 cents to $193.50 while the lowest buying rate increased 83 cents to $154.01. The highest selling rate increased $3.88 to $199.72 and the lowest selling rate was up by 97 cents to $186.
It’s now J$112.31 to buy the US dollar
In Forex trading the total inflows of funds was lower than outflows, with the equivalent of US$25,437,601 purchased to US$28,097,173 sold compared to the equivalent of US$34,797,225 bought and $33,786,541 sold on the previous trading day.
In US dollar trading, dealers bought US$22,803,724 compared to US$30,303,191 on Tuesdayas the buying rate for the US dollar increased by 9 cents to $111.75 and sold US$25,704,876 versus US$31,522,303 on Tuesday with the rate closing up 6 cents at $112.31.
The Canadian dollar buying rate fell 85 cents to $102.51 with dealers buying C$755,402 and selling C$1,353,473 as the rate increased by 94 cents to end at $105.96.
The Pound closed at $189.12 for the purchase of £1,101,929, the rate fell 39 cents, while £495,945 was sold, with the rate climbing by 10 cents to $192.12. Other currencies bought, amounted to the equivalent of US$76,115 while selling accounted for the equivalent of just US$267,122.
Highs & Lows| The highest rate for buying the US dollar rose 12 cents to $112.92, the lowest buying rate was up 41 cents at $91.43, the highest selling rate was unchanged at $117.17 but the lowest selling rate dropped by $18.48 to $91.02.
The highest buying rate for the Canadian dollar fell 20 cents to $105.50, in the meantime the lowest buying rate was unchanged at $83.29, the highest selling rate rose by 27 cents to $107.64 and lowest selling rate climbed $1.15 to $101.50
The highest buying rate for the British Pound dipped 95 cents to $193.05 while the lowest buying rate was unchanged at $153.18. The highest selling rate fell $1.63 to $195.84 and the lowest selling rate was up by 47 cents to $185.03.
J$112.26 to buy the US dollar
In Forex trading the total inflows of funds was slightly higher than outflows, with the equivalent of US$34,797,225 purchased, to US$33,786,541 sold compared to the equivalent of US$43,468,700 bought and $39,107,616 sold on the previous trading day.
In US dollar trading, dealers bought US$30,303,191 compared to US$36,202,132 on Monday as the buying rate for the US dollar increased by 14 cents to $111.66 and sold US$31,522,303 versus US$32,694,269 on Monday with the rate closing up 6 cents at $112.26.
The Canadian dollar buying rate fell 43 cents to $103.36 with dealers buying C$1,447,974 and selling C$964,815 as the rate declined by 71 cents to end at $105.01.
The Pound closed at $189.51 for the purchase of £1,649,198, the rate rose 32 cents, while £684,741 was sold, with the rate climbing by 12 cents to $192.02. Other currencies bought, amounted to the equivalent of US$354,670 while selling accounted for the equivalent of just US$190,442.
Highs & Lows| The highest rate for buying the US dollar rose 10 cents to $112.80, the lowest buying rate was unchanged at $91.02, the highest selling rate rose 54 cents to $117.17 at the end of trading but the lowest selling rate rose $18.69 to $109.50.
The highest buying rate for the Canadian dollar rose 15 cents to $105.70, in the meantime the lowest buying rate rose 46 cents at $83.29, the highest selling rate rose by 37 cents to $107.37 and lowest selling rate climbed 55 cents to $100.35.
The highest buying rate for the British Pound increased $1.50 to $194 while the lowest buying rate inched up $1.04 to $153.18. The highest selling rate rose by $1.34 to $197.47 and the lowest selling rate was up $1.25 to $184.55.
J$112.20 to buy the US dollar
The Jamaican dollar selling rate increased to purchase all three major currencies the country trades in. At the end of trading it took on Monday $112.20 or 6 cents more than on Friday to buy a United States dollar even as $36.2 million were bought by dealers and only $32.7 million was sold. It took 81 cents more to buy the Canadian dollar with the selling rate closing at $105.73 and the British Pound went for $191.90 or 72 cents more than on Friday.
Overall, the total inflows of funds was slightly higher than the outflows, with the equivalent of US$43,468,700 purchased, to US$39,107,616 sold compared to the equivalent of US$32,458,785 bought and $31,869,468 sold on the previous trading day.
In US dollar trading, dealers bought US$36,202,132 compared to US$24,215,389 on Friday as the buying rate for the US dollar eased by 2 cents to $111.52 and sold US$32,694,268 versus US$26,206,729 on Friday with the rate closing up 6 cents at $112.20.
The Canadian dollar buying rate fell 54 cents to $103.80 with dealers buying C$2,680,244 and selling C$2,963,469 as the rate rose by 81 cents to end at $105.73.
The Pound closed at $189.20 for the purchase of £2,231,358, the rate rose 10 cents, while £1,183,752 was sold, the rate climbed by 72 cents to $191.90. Other currencies bought, amounted to the equivalent of US$986,303 while selling accounted for the equivalent of just US$1,596,326.
Highs & Lows| The highest rate for buying the US dollar rose 15 cents to $112.70, the lowest buying rate of $91.02 and the highest selling rate of $116.63 were unchanged at the end of trading but the lowest selling rate fell $18.19 to of $90.81.
The highest buying rate for the Canadian dollar rose 10 cents to $105.55, in the meantime the lowest buying rate rose 20 cents at $82.83, the highest selling rate rose by 14 cents to $107 and lowest selling rate climbed 80 cents to $99.80.
The highest buying rate for the British Pound increased $1.20 to $192.50 while the lowest buying rate inched up 21 cents to $152.14. The highest selling rate rose 27 cents to $196.13 and the lowest selling rate was up 5 cents to $183.30.
J$112.15 to buy the US dollar
Dealers sold more US dollars than they bought on Friday helping to push the value of the Jamaican down to the lowest levels on record at J$112.15 to US dollar as the local currency lost value against all three major currencies.
Overall, the total inflows of funds was slightly higher than the outflows, with the equivalent of US$32,458,785 purchased, to US$31,869,468 sold compared to the equivalent of US$27,672,890 bought and $27,581,379 sold on the previous trading day. In US dollar trading, dealers bought US$24,215,389 compared to US$23,556,430 on Thursday as the buying rate for the US dollar rose by 11 cents to $111.54 and sold US$26,206,729 versus US$24,262,138 on Thursday with the rate closing up 12 cents at $112.15.
The Canadian dollar buying rate increased by 39 cents to $104.34 with dealers buying C$4,167,477 and selling C$3,710,374 as the rate rose by 4 cents to end at $104.92.
The Pound closed at $189.09 for the purchase of £2,472,622, the rate rose $1.05, while £1,192,484 was sold, the rate climbed by 68 cents to $191.18. Other currencies bought, amounted to the equivalent of US$153,206 while selling accounted for the equivalent of just US$158,485.
Highs & Lows| The highest rate for buying the US dollar fell 5 cents to $112.55, the lowest buying rate of $91.02 and the highest selling rate of $116.63 were unchanged at the end of trading but the lowest rate climbed $18.19 to of $109.
The highest buying rate for the Canadian dollar rose 47 cents to $105.45, in the meantime the lowest buying rate rose 13 cents at $82.63, the highest selling rate fell by 71 cents to $106.86 and lowest selling rate dropped 50 cents to $99.
The highest buying rate for the British Pound increased 30 cents to $191.30 while the lowest buying rate inched up 4 cents to $151.93. The highest selling rate of $195.86 remained unchanged and the lowest selling rate was up 20 cents to $183.25.
J$ crosses $112 mark for first time
Dealers sold US$24,262,138 on Thursday at a record high of J$112.03 to US$1 as the selling rate rose by 4 cents compared to the closing rate on Wednesday. The Canadian dollar also gained against the local currency but the Jamaican dollar gained against the British Pound. Inflows and outflows were almost even, with the equivalent of US$27,672,890 purchased, to US$27,581,379 sold compared to the equivalent of US$29,420,890 bought and $30,842,690 sold on the previous trading day. In US dollar trading, dealers bought US$23,556,430 compared to US$24,714,017 on Wednesday as the buying rate for the US dollar slipped by a cent to $111.43 and sold US$24,262,138 versus US$27,513,720 on Wednesday with the rate closing up 4 cents at $112.03.
The Canadian dollar buying rate increased by $1.51 to $103.95 with dealers buying C$2,340,981 and selling C$2,655,428 as the rate rose by 39 cents to end at $104.89.
The Pound closed at $188.04, for the purchase of £1,066,780, the rate fell back $1.01, while £460,546 was sold, with the rate easing by 18 cents to $190.50. Other currencies bought, amounted to the equivalent of US$132,656 while selling accounted for the equivalent of just US$49,931.
Highs & Lows| The highest rate for buying the US dollar rose 10 cents to $112.60, the lowest buying rate of $91.02, the highest selling rate at $116.63 and the lowest rate of $90.81 were all unchanged at the end of Thursday’s trading.
The highest buying rate for the Canadian dollar rose 28 cents to $104.98, in the meantime the lowest buying rate remained unchanged at $82.50, the highest selling rate rose by $1.21 to $107.57 and lowest selling rate rose 10 cents to $99.50.
The highest buying rate for the Pound increased 5 cents to $191 while the lowest buying rate fell back by $7.32 to $151.89. The highest selling rate rose by $2.63 to $195.86 and the lowest selling rate was up 5 cents to $183.05.
J$ loses value against all
The local dollar slipped against all three main currencies Wednesday as inflows were slightly lower than outflows, with the equivalent of US$29,420,890 purchased, to US$30,842,690 sold compared to the equivalent of US$32,499,886 bought and $30,817,870 sold on the previous trading day.
In US dollar trading, dealers bought US$24,714,017 compared to US$29,563,621 on Tuesday as the buying rate for the US dollar was unchanged at $111.44 and sold US$27,513,720 versus US$28,277,012 on Tuesday with the rate closing up 6 cents at $111.99.
The Canadian dollar buying rate climbed by 84 cents to $102.44 with dealers buying C$816,780 and selling C$723,988 as the rate rose 86 cents to end at $104.50. The Pound closed at $189.05, for the purchase of £2,267,992, the rate was up $1.90, while £1,507,826 was sold, with the rate rising 69 cents to $190.68. Other currencies bought, amounted to the equivalent of US$108,643 while selling accounted for the equivalent of just US$86,081.
Highs & Lows| The highest rate for buying the US dollar rose 10 cents to $112.50, the lowest buying rate climbed 21 cents to $91.02 but the highest selling rate was unchanged at $116.63 and the lowest fell 21 cents to $90.81.
The highest buying rate for the Canadian dollar rose 45 cents to $104.70, the lowest buying rate remained unchanged at $82.50, the highest selling rate rose by 21 cents to $106.36 and lowest selling rate remained unchanged at $99.40.
The highest buying rate for the Pound increased 75 cents to $190.95 while the lowest buying rate increased by $7.32 to $159.21. The highest selling rate declined by $2.90 to $193.23 and the lowest selling rate was down 30 cents to $183.
