Jamaican$ made gains on Monday

On Monday the Jamaica’s central bank reported net inflows US$13 million with the buying and selling rates for the main currencies for the Jamaican dollar gaining but for the euro.
At the close of the market, dealers bought the equivalent of US$46,846,024 of all currencies and sold US$33,710,044, compared to US$73,405,937 purchased and US$70,539,453 sold on Friday.
In US dollar trading, dealers bought US$41,767,700 compared to US$70,170,675 on Friday. The buying rate for the US dollar fell 57 cents to close at $127.52. A total of US$31,452,380 was sold versus US$69,102,218 on Friday, with the selling rate falling by 11 cents to $128.44. The Canadian dollar buying rate fell 36 cents to $93.18, with dealers buying C$2,332,284 and selling C$1,056,715 at an average rate that slipped 41 cents to end at $95.89. The average rate for buying the British Pound declined 99 cents to $154.85 for the purchase of £2,235,899 while £939,607 was sold with a decline of 47 cents to end at $156.46.
At the end of trading on Monday, dealers sold €287,843, with the selling rate for the Euro, closing with a rise of 3 cents to $135.18, according to data from Bank of Jamaica. Dealers purchased €596,051 of the European common currency at $133.20 after rising $3.78. The US dollar equivalent of other currencies traded, amounts to US$36,122 being bought and selling of US$21,146.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded foreign currencies on Monday, include a fall in the lowest selling rate of the US dollar by $16.88 to $103.12. A fall of $3.10 in the highest buying rate for the Canadian dollar to end at $96.90 while the lowest selling rate declined by $2.30 to $90. The lowest selling rate for the British Pound dropped $3 to $150.50 while the highest buying rate for the Euro put on $6.70 to close at $140 and the lowest selling rate lost $3 to $126.80.

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