Jamaican$ ends mixed on Monday

The Jamaican dollar loss value moderately in foreign exchange trading on Monday against the United states and Canadian dollars and the euro but rose versus the pound sterling, but the the local dollar remains fairly stable against the US dollar. Dealers bought the equivalent of US$45,464,411 of all currencies and sold US$38,304,518, compared to US$35,239,711 purchased and US$31,681,608 sold on Friday.
In US dollar trading, dealers bought US$41,399,410 compared to US$31,869,568 on Friday. The buying rate for the US dollar slipped 24 cents to close at $128.25. A total of US$35,949,113 was sold versus US$30,119,910 on Friday, with the selling rate rising 2 cents to $129.09. The Canadian dollar buying rate rose 97 cents to $93.60, with dealers buying C$3,290,638 and selling C$2,267,374 at an average rate that climbed 58 cents to $95.89. The average rate for buying the British Pound dipped $1.09 to $156.04 for the purchase of £1,190,698 while £302,726 was sold with a fall of $1.06 to end at $158.37.
At the end of trading on Monday, dealers sold €271,014 with the selling rate for the Euro, closing with a rise of $2.25 to $139.76, according to data from Bank of Jamaica. Dealers purchased €198,442 of the European common currency at $131.81 after falling $1.22. The US dollar equivalent of other currencies traded, amounts to US$10,670 being bought and selling of US$6,359.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded currencies, in the foreign exchange market on Monday, include a rise in the highest buying rate for the Canadian dollar by 87 cents to $97.70. The lowest buying rate for the British Pound dived $1.41 to $128.65, the highest selling rate dropped $1.84 to $167.40, while the lowest selling rate lost $1 to $154. The lowest buying rate for the Euro fell $1.45 to $110.39 and highest selling rate jumped $3.59 to $143.64.