The Jamaican dollar lost value against the three main intervention currencies on Monday continuing the trend from Tuesday. Purchases of all currencies by dealers amounted to US$46,335,229 equivalent, compared with US$35,210,782, on Friday and selling of the equivalent of US$39,799,245 versus sale of US$32,443,841, previously.
In US dollar trading, dealers bought US$39,685,198 compared to US$31,821,155 on Friday. The buying rate for the US dollar fell 10 cents to $114.57 and US$36,190,849 was sold versus US$31,225,597 on Friday, the selling rate rose 1 cent to end at $115.15. 
The Canadian dollar buying rate declined 73 cents to $91.53 with dealers buying C$1,656,041 and selling C$1,673,465, at an average rate that climbed 38 cents to $94.10. The rate for buying the British Pound fell 82 cents to $168.80 for the purchase of £3,028,741, while £808,640 was sold, at an average rate that rose 7 cents to $171.76. At the end of trading it took J$124.06 to purchase the Euro, 91 cents more than on Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$121.70 for an increase of $1.01 on Friday’s rate. Other currencies bought, amounted to the equivalent of US$864,803, while the equivalent of US$1,034,707, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 50 cents to $115.80. The lowest buying rate increased by 17 cents to $93.94, the highest selling rate gained 21 cents to $120.37, but the lowest selling rate jumped $18.73 to $112.50. The highest buying rate for the Canadian dollar fell $2.80 to $91.20. The lowest buying rate eased $1.33 to $71.21, but the highest selling rate fell $1.41 to $95.10 with the lowest selling rate falling $2.70 to $85.80. The highest buying rate for the British Pound,dropped $2.10 to $170, the lowest buying rate declined by 39 cents to $134.88, but the highest selling rate rose $1.51 to $175.86 with the lowest selling rate falling $2.80 to $162.50.
J$ slips against majors on Monday
April 20, 2015 by
