Jamaican$ makes more gains – Tuesday

On Tuesday, the rate of exchange to buy the US dollar by the public, remained at $126.30 as dealers sold US$43.18 million in US dollars, compared to US$44.52 million at an average rate of $126.30 on Monday.
US currency purchases amounted to US$36.45 million on Tuesday, at an average rate of $125.20, compared to Monday, with US$48.63 million at $125.45.
Dealers’ purchased US$41.92 million, versus US$53.35 million on Monday in all currencies in Jamaica’s forex market and sold US$48.22 million compared with US$62.52 million sold, previously.
At Midday, dealers bought just US$12.76 million at J$125.57 and sold US$10.07 million at J$126.25 compared to the purchase of US$27.48 million at J$125.99 and selling of US$13.66 million at J$126.23 on Monday
The selling rate for the Canadian dollar fell to J$99.30 from J$99.90 at the close on Monday. The selling rate for the British Pound slipped to J$168.12 versus J$168.14 previously and the euro gained in value against the Jamaican dollar, declined to J$151.75 to buy the European common currency, versus prior selling rate of J$152.44.