The Jamaican dollar selling rate held against the US dollar and made more gains versus the British pound and the Canadian dollar and declined against the euro in foreign exchange trading on Thursday. At the close of the market, dealers bought the equivalent of US$41,707,136 of all currencies and sold US$29,836,153, compared to US$58,868,333 purchased and US$36,828,727 sold on Wednesday.
In US dollar trading, dealers bought US$37,328,635 compared to US$50,506,344 on Wednesday. The buying rate for the US dollar dropped 31 cents to $127.91. A total of US$26,728,474 was sold versus US$30,039,107 on Wednesday, with the selling rate holding at $128.64. 
The Canadian dollar buying rate dropped $3.12 to $94.43, with dealers buying C$2,145,822 and selling C$839,400 at an average rate that declined $1.29 to finish at $96.74. The average rate for buying the British Pound slipped 13 cents to $159.84 for the purchase of £1,752,754 while £1,397,593 was sold with a fall of $1.72 to end at $161.20.
At the end of trading on Thursday, dealers sold €655,049 with the selling rate for the Euro, closing with a rise of 64 cents to $136.52, according to data from Bank of Jamaica. Dealers purchased €560,586 of the European common currency at $134.98 after rising $2.80. The US dollar equivalent of other currencies traded, amounts to US$12,367 being bought and selling of US$29,948.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded foreign currencies on Thursday, include a jump of $19.05 in the lowest selling rate of the US dollar to $123. A rise of $1.49 in the highest selling rate for the Canadian dollar to end at $102.98 and a $1 fall in the lowest selling rate to $91. The highest buying rate for the Euro jumped $4.70 to $139.20, the lowest buying rate dropped $6.57 to $110.47, while the highest selling rate gained $4.30 to end at $143.75 and the lowest selling rate dropped $1.80 to $130.50.
Jamaican$ holds vs US – Thursday
December 15, 2016 by
