In foreign currencies trading in Jamaica on Thursday, funds purchased were again more than the amount sold. The local currency remained relatively stable against the US dollar but gained against the Pound and the Canadian. The market closed with dealers buying the equivalent of US$40,816,983 in contrast to US$53,053,921 on Wednesday, while they sold the equivalent of US$39,105,219 compared to US$50,773,942 on the prior trading day.
In US dollar trading , dealers bought US$38,903,762 compared to US$50,382,620 on Wednesday. The buying rate for the US dollar remained at $117.02 and US$37,592,357 was sold versus US$48,939,846 on Wednesday, the selling rate fell 1 cent to $117.41. The Canadian dollar buying rate declined 46 cents to $88.04 with dealers buying C$720,760 and selling C$573,420, at an average rate that dropped $1.18 to $90.09. The rate for buying the British Pound declined $1.12 to $179.68 for the purchase of £802,024, while £520,148 was sold, at an average rate that fell 78 cents to $181.92. At the end of trading, it took J$127.88 to purchase the Euro, with a loss of 50 cents off Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$125.54 for a drop of 49 cents from Wednesday. Other currencies bought, amounted to the equivalent of US$139,472, while the equivalent of US$266,939 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 10 cents to $117.60, the lowest buying rate went up $1.15 to $96.15, the highest selling rate was unchanged at $123.21 but the lowest selling rate jumped $18.89 to $115. The highest buying rate for the Canadian dollar inched up 5 cents to $90.65. The lowest buying rate rose $1.13 to $72.84, the highest selling rate gained 45 cents to $93 and lowest selling rate dived $16.42 to $71.38. The highest buying rate for the British Pound, fell 25 cents to $183.15, the lowest buying rate regained 29 cents to $147.08, with the highest selling rate falling 51 cents to $186.77 and the lowest selling rate declining $3.80 to $176.

In foreign currencies trading in Jamaica on Thursday, funds purchased were again more than the amount sold. The local currency remained relatively stable against the US dollar but gained against the Pound and the Canadian. The market closed with dealers buying the equivalent of US$40,816,983 in contrast to US$53,053,921 on Wednesday, while they sold the equivalent of US$39,105,219 compared to US$50,773,942 on the prior trading day.
In US dollar trading , dealers bought US$38,903,762 compared to US$50,382,620 on Wednesday. The buying rate for the US dollar remained at $117.02 and US$37,592,357 was sold versus US$48,939,846 on Wednesday, the selling rate fell 1 cent to $117.41. The Canadian dollar buying rate declined 46 cents to $88.04 with dealers buying C$720,760 and selling C$573,420, at an average rate that dropped $1.18 to $90.09. The rate for buying the British Pound declined $1.12 to $179.68 for the purchase of £802,024, while £520,148 was sold, at an average rate that fell 78 cents to $181.92. At the end of trading, it took J$127.88 to purchase the Euro, with a loss of 50 cents off Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$125.54 for a drop of 49 cents from Wednesday. Other currencies bought, amounted to the equivalent of US$139,472, while the equivalent of US$266,939 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 10 cents to $117.60, the lowest buying rate went up $1.15 to $96.15, the highest selling rate was unchanged at $123.21 but the lowest selling rate jumped $18.89 to $115. The highest buying rate for the Canadian dollar inched up 5 cents to $90.65. The lowest buying rate rose $1.13 to $72.84, the highest selling rate gained 45 cents to $93 and lowest selling rate dived $16.42 to $71.38. The highest buying rate for the British Pound, fell 25 cents to $183.15, the lowest buying rate regained 29 cents to $147.08, with the highest selling rate falling 51 cents to $186.77 and the lowest selling rate declining $3.80 to $176.