Jamaican$ lost grounds vs US$

The Jamaican dollar remained above J$125, to the United States currency In foreign exchange trading on Monday, rising 9 cents over Friday’s closing rate.
The local dollar fell against the Canadian dollar and fell against the euro but gained against the British Pound.
Inflows of all currencies totaled US$45.83 million, versus US$37.1 million on Friday with the selling of US$42.11 million down from US$29.06 million on Friday.
In US dollar, trading, dealers sold US$39 million at an average of $125.20 at the close, compared to US$27.72 million at an average of $125.11 on Friday. US currency purchases by dealers, amounted to US$40.47 million at an average of $123.81 at the close, compared US$32.76 million at an average of $123.87.
At mid-day on Monday dealers purchased US$21.3 million at an average rate of J$124.35 and sold US$15.08 million at an average of J$125.07.
On Friday at midday dealers purchased US$12.6 million at an average rate of J$124.13 and sold US$8 million at an average of J$124.91.
The selling rate for the Canadian dollar dropped to J$101.55 from J$100.78 at the close on Friday. The selling rate for the British Pound fell on Monday, to J$177.34 from J$177.56 previously and the euro rose in value against the Jamaican dollar at J$155.05 to buy the European common currency, versus the prior selling rate of J$154.10.