Foreign exchange trading on Thursday saw the equivalent of US$42.7 million entering the market and US$39.6 million being sold, bringing the surplus for the week to date to US$20.2 million.
Traders purchased United States dollar in the amount of $41.1 million and sold $37.2 million resulting in a net intake of US$24 million for the week to date. Trading resulted in another day of appreciation for the local currency with the selling rate of the US dollar being J$129.15 versus J$129.21 on Wednesday. Today’s gain for the local dollar is the 15th trading day for June, that the rate has appreciated.
Jamaican Dollar rise again
June 22, 2017 by IC Insider.com
Filed Under: Feature Stories, FX Market Tagged With: BOJ, Daily Trading, FX Market, Jamaica dollar, US Dollar
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