It’s now J$125.14 for one US$

On Wednesday it took an average of 125.14 Jamaican dollars to purchase one United States dollar, at the end of foreign exchange trading, as the currency hit the J$125 mark for the first time.
The foreign exchange market closed on Wednesday, with dealers buying the equivalent of US$40,133,137 and selling US$46,227,120, in contrast to US$32,413,054 purchased and US$36,833,568 sold on Tuesday.
In US dollar trading, dealers bought US$36,205,793 compared to US$28,797,954 on Tuesday, as the buying rate for the US dollar rose 44 cents to $124.36. A total of US$42,868,784 was sold versus US$35,336,806 on Tuesday with the selling rate rising 34 cents to $125.14. The Canadian dollar buying rate dropped 76 cents to end at $92.75 with dealers buying C$869,892 and selling C$2,176,462, at an average rate that rose by $2.10 to $97.22. The rate for buying the British Pound climbed 81 cents to $177.19 for the purchase of £1,538,320, while £971,130 was sold, with the rate rising by $1.53 to $179.85.
At the end of trading, the selling rate for Euro, rose 24 cents to close at J$141.48, from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$138.37, for a rise of 17 cents on Tuesday’s rate. The US dollar equivalent of other currencies traded amounts to US$1,086,558 being bought, while US$271,713 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the Jamaican dollar traded at in the foreign exchange market on Wednesday, include, a rise of $3.80 in the lowest selling rate of Canadian dollar to end at $91, a rise of $1.50 in the highest buying rate for the British Pound to $182.80, a jump of $6.86 to $149.21 in the lowest buying rate and a rise of $2.60 to $172.80 for the lowest selling rate.