J$ lost value on Tuesday

The value of the Jamaican dollar lost value against the US dollar with the selling rate for the US dollar ending at J$128.29 from J$128.22 previously. Dealers bought the US currency at an average of J$127.14 down from JS$127.46 on Monday.
Inflows into the Jamaican foreign exchange market fell back to more normal levels on Tuesday to US$46.3 million from US$61.79 million on Monday with outflows of US$47 million up from $41.8 million on Monday.
In USA dollar trading, inflows into the system ended at US$38.3 million on Tuesday versus US$56.4 million on Monday, with outflows of US$36.7 million compared to US$36.6 million on Monday.
The selling rate for the Canadian dollar rose to J$104.94 from J$103.12 at the close on Monday, while the British Pound was less costly at the close, with J$167.20 buying the British currency versus J$165.90 and the euro, rose in value against the Jamaican dollar, with it taking J$150.25 to buy the European common currency on, versus J$148.21 previously.