In the Jamaican foreign exchange market, dealers bought the equivalent of US$34,094,250 and sold US$35,478,418, compared with US$41,941,236 purchased and US$39,746,285 sold on Wednesday.
In US dollars trading, dealers bought US$31,441,995 compared to US$36,834,944 on Wednesday with the buying rate for the US dollar rising 17 cents to $119.94. A total of US$33,323,464 was sold versus US$37,031,528 on Wednesday as the selling rate climbed 8 cents to $120.51. The Canadian dollar buying rate dropped 88 cents to end at $82.47 with dealers buying C$1,416,413 and selling C$1,254,073, at an average rate that declined 90 cents to $84.03. The rate for buying the British Pound lost $1.91 to $171.59 for the purchase of £1,008,931, while £654,763 was sold, with the rate gaining 28 cents to $173.12. At the end of trading, it took J$129.46 to purchase the Euro, for an increase of 32 cents on Wednesday’s rate, 
according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.82 for a rise of 27 cents from Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$234,961 being bought, while US$339,986 was sold.
Highs & Lows| Notable changes to the highest and lowest buying and selling rates were a fall in the highest selling rate for Canadian dollar by $1.19 to $88.81 and a fall of $1.24 in the highest buying rate for the British Pound, that closed at $176, a rise of $1.84 in the highest selling rate that ended at $184 and a fall in the lowest selling rate of $1.70 to close $16.30.
Jam$ gains against all on Thursday
January 7, 2016 by
