Jamaican $ fairly stable on Friday

Trading in the Jamaican foreign exchange market declined sharply on Friday, from the expanded level on Thursday with dealers buying the equivalent of US$29,100,279 and selling US$26,283,796, compared with US$86,482,978 purchased and US$81,286,470 sold on Thursday.
In US dollars trading, dealers bought US$26,956,579 compared to US$81,408,190 on Thursday with the buying rate for the US dollar falling 40 cents to $120.38. A total of US$25,059,286 was sold versus US$76,491,607 on Thursday as the selling rate climbed by just 1 cent to $121.05. The Canadian dollar buying rate dropped $2.70 to end at $81.45 with dealers buying C$975,164 and selling C$756,808, at an average rate that fell 85 cents to $84.59. The rate for buying the British Pound slipped $1.39 to $168.32 for the purchase of £942,480, while £313,967 was sold, with the rate gaining 19 cents to $170.16. At the end of trading the sale of the Euro, ended with a loss of 85 cents at J$131.01, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.77 for a fall of 17 cents from Thursday’s rate. The US dollar equivalent of other currencies traded, amounts to US$166,009 being bought, while US$254,239 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a sharp drop of $16.55 in the lowest selling rate of the US dollar to $100.95. The Canadian dollar lowest selling rate rose by $1.50 to $79.50 and there was a rise of $1.32 in the highest buying rate of the British Pound, to $173.75.