Jamaican$ gains vs US dollar – Monday

The Jamaican dollar gained against the United States and the Canadian dollars on Monday but closed down against the euro and the Pound. Dealers bought the equivalent of US$46,553,035 of all currencies, and sold US$39,251,159, compared to US$44,695,119 purchased and US$37,546,801 sold on Friday.
In US dollar trading, dealers bought US$41,925,032 compared to US$41,312,590 on Friday. The buying rate for the US dollar fell 33 cents to close at $128.30. A total of US$36,223,594 was sold versus US$35,641,076 on Friday, with the selling rate falling 3 cents to $129.11. The Canadian dollar buying rate dropped 65 cents to $94.07, with dealers buying C$2,576,342 and selling C$1,524,464 at an average rate that slipped 8 cents to $97.25. The average rate for buying the British Pound rose 14 cents to $154.20 for the purchase of £1,844,373 while £637,336 was sold with a rise of $1.22 to end at $157.23.
At the end of trading on Monday, dealers sold €993,558 with the selling rate for the Euro, closing at $143.64 for rise of 69 cents, according to data from Bank of Jamaica. Dealers purchased €467,873 of the European common currency at $138.50 after rising $2.44. The US dollar equivalent of other currencies traded, amounts to US$17,354 being bought and selling of US$9,546.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded currencies, in the foreign exchange market on Monday, include a fall of $1.60 in the highest buying rate for the Canadian dollar to $77.19, the lowest selling rate jumped $9.72 to $92. The highest buying rate for the British Pound rose $1.10 to $167.60 and the lowest selling rate fell $2 to $150. There were not much changes to highest or lowest rates for the Euro .