Jamaican$ slips vs US$ again

At the close of trading on Thursday, the rate the public bought the US dollar rose 2 cents Jamaican. The rate dealers bought the Green back slipped by 1 cent.
The local currency rose in value against the Canadian Dollar and fell against the British Pound and the euro.
Inflows of all currencies ended at US$38.29 million, versus US$47.49 million on Wednesday with the selling of US$33.33 million compared with US$43.74 million sold on Wednesday.
In US dollar, trading dealers sold US$31.56 million at an average of $124.79 at the close, compared US$40.59 million at an average of $124.77 on Wednesday. US currency purchases by dealers, amounted to US$34.57 million, at an average rate of $123.70, compared to Wednesday, with US$42.97 million, at an average rate of $123.71.
On Thursday at midday dealers purchased US$10.69 million at an average rate of J$123.86 and sold US$7.2 million at an average of J$124.75. At mid-day on Wednesday dealers purchased US$12.57 million at an average rate of J$124.18 and sold just US$6.48 million at an average of J$124.56.
The selling rate for the Canadian dollar fell to J$99.09 from J$100.22 at the close on Wednesday. The selling rate for the British Pound rose to J$169.14 versus J$169.01 previously and the euro rose in value against the Jamaican dollar at J$149.02 to buy the European common currency, versus the prior selling rate of J$148.58.

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