The selling rate of US dollar fell against the Jamaican dollar by 19 cents on Tuesday, with the rate dealers bought US dollar for 4 cents more than the closing rate at the close of the previous trading day.
On Tuesday, Inflows of all currencies, totaled US$43.67 million, versus US$55.82 million on Monday with the selling of US$43.99 million in contrast to US$55.32 million previously traded.
In US dollar trading, dealers sold US$42.37 million at an average of J$128.18 at, at the close, compared to US$51.22 million at an average of J$128.47 on Monday. Purchases of the US currency by dealers, amounted to US$38.98 million at an average of $127.06 at the close, compared US$49.73 million at an average of $127.02.
At mid-day on Tuesday dealers purchased US$14.3 million at an average rate of J$126.89 and sold US$16.19 million at an average of J$127.89. At mid-day on Monday dealers purchased US$27.95 million at an average rate of J$127.40 and sold US$20.44 million at an average of J$128.34.
The selling rate on Tuesday, for the Canadian dollar slipped to J$97.52 from J$98.06 at the close on Monday, the selling rate for the British Pound rose to J$177.97 from J$177.38 previously and the euro gained against the Jamaican dollar at J$158.66 to buy the European common currency, versus the prior selling rate of J$156.69.
Jamaican$ gains vs US$ on Tuesday
March 6, 2018 by
