Dealers sold US$39.74 million at an average rate of $127.57 to the US dollar, at the close of trading, compared to US$57.69 million at $127.61 on Monday.
US currency purchases, amounted to US$39.74 million on Tuesday, at an average rate of $126.65 compared to Monday, with US$76.03 million at $126.95.
Dealers purchased US$ 54.45 million, versus US$87.10 million in all currencies into Jamaica’s forex market and sold US$56.20 million compared with US$68.80 million previously.
At Midday, dealers bought US$19.1 million at J$127.10 and sold US$15.17 million at J$127.49 compared to the buying of US$37.8 million at J$127.24 and selling of US$28.57 million at J$127.64 at the same time on Monday.
The selling rate for the Canadian dollar rose to J$101.86 from J$101.44 at the close on Monday. The selling rate for the British Pound rose to J$168.30 versus J$166.91 on Monday and the euro dropped in value against the Jamaican dollar, to J$150.16 to buy the European common currency, versus J$150.37 previously.
J$ gains but trading levels dip -Tuesday
October 24, 2017 by