At the end of trading on Tuesday, the rate to buy the US dollar by the public, rose to an average of J$130.14 from J$129.93 previously while dealers bought the US currency at an average of J$128.69 versus J$128.88 on Monday.
Trading in the Jamaican foreign exchange market ended with more normal levels on Tuesday versus Monday’s levels, resulting in US$ 33.50 of purchases by dealers of all currencies and outflows of US$24.32 million.
In contrast, purchases by dealers on Monday amounted to the equivalent of US$57.88 million while dealers sold US$34.37 million.
In USA dollar trading, inflows ended at US$29.18 million versus US$50.25 million on Monday with outflows of US$21.70 million compared to US$29.08 million.
The selling rate for the Canadian dollar rose to J$107.52 from J$107.10 at the close on Monday while the British Pound was more costly, with J$170.09 buying the British currency versus J$169.58 and the euro, lost value against the Jamaican dollar, with it taking J$156.29 to buy the European common currency, versus J$159.25 previously.
Jamaican $ slips to $130 to US$ – Tuesday
September 12, 2017 by
