Jamaican dollar records more gains

The Jamaican dollar gained more ground versus the United States dollar on Monday with the selling rate dipped to J$128.89 to US$1 as US dollar inflows reached US$45.15 million and selling accounted for $39.14.
Inflows were just US$1 less than entered the market on Monday June 19. Overall, total foreign exchange of all currencies entering the market totaled US$50.79 million with US$42.2 million sold.
The buying rate for the US dollar fell to JS$128 from $128.15 at the end of trading on Friday.
The selling rate for the Canadian dollar declined to J$97.32 compared to J$97.83 at the close on Friday while the British Pound cost more at the close on Monday with J$163.71 buying the British currency versus J$162.63 on Friday and the Jamaican dollar gained value against the euro it taking J$144.89 to buy the European common currency on Monday versus Friday’s J$145.84.