Jamaica$ gains vs US on Monday

In US dollar trading, dealers sold US$39.54 million at a rate that fell by 15 cents to J$125.13 at the close, compared to $37.73 million at J$125.28 at the close, on Friday.
Purchases of the US currency by dealers, amounted to US$46.21 million, with the average rate rising 18 cents to $123.93, compared to US$28.76 million, with the average rate of $123.75 on Friday.
The market closed with inflows of US$53.39 million of all currencies, versus US$32.29 million on Friday and dealers sold US$46.59 million in contrast to US$39.25 million, in previous trading.
At mid-day on Monday dealers purchased US$25.27 million at an average rate of J$124.70 and sold $15.95 million at an average of J$125.15. At mid-day on the previous trading day, dealers purchased US$12.16 million at an average rate of J$124.45 and sold $15.18 million at an average of J$125.32.
The Jamaican dollar closed trading, with the selling rate for the Canadian dollar, rising to J$99.68 from J$98.67 at the close on Friday. The selling rate for the British Pound increased to J$177.56 from J$177.27 previously and the euro fall against the Jamaican dollar to J$154.93 to buy the European common currency, versus the prior selling rate of J$156.62.

About IC Insider.com