Jamaican$ lost ground – Tuesday

At the close of trading on Tuesday, the rate the public bought the US dollar climbed 9 cents Jamaican but the rate dealers bought the Green jumped by $1.04.
The local currency fell in value against the British Pound and the euro but rose against Canadian Dollar.
Inflows of all currencies ended at US$29.27 million, compared with US$26.63 million on Monday with the selling of US$37.14 million versus with US$33.40 million sold on Monday.
In US dollar, trading dealers sold US$36.03 million at an average of $124.96 at the close, compared US$31.63 million at an average of $124.87 on Monday. US currency purchases by dealers, amounted to US$26.30 million, at an average rate of $123.33, compared to Monday, with US$23.02 million, at an average rate of $122.29.
On Tuesday at midday dealers purchased US$12.54 million at an average rate of J$122.87 and sold US$11.89 million at an average of J$124.91. At mid-day on Monday dealers purchased US$6.84 million at an average rate of J$122.38 and sold US$5.52 million at an average of J$124.83.
The selling rate for the Canadian dollar climbed to J$99.94 from J$98.52 at the close on Monday. The selling rate for the British Pound fell to J$169.28 versus J$170.97 previously and the euro rose in value against the Jamaican dollar at J$ 151.76 to buy the European common currency, versus the prior selling rate of J$150.98.