Jamaican $ stable vs US on Monday

1000front Inflows of foreign currencies into the system on Monday was US$6 million less than the amount sold with the local dollar selling rate holding against all the US dollar and the Pound but falling versus the Canadian currency. At the close of trading, the equivalent of US$38,102,831 was bought by dealers, compared with US$37,399,601 on Friday, while they sold the equivalent of US$44,185,509 versus US$31,267,945 previously.
In US dollar trading , dealers bought US$34,450,483 compared to US$33,768,726 on Friday. The buying rate for the US dollar fell 8 cents to $119.20 and US$42,351,622 was sold versus US$29,786,156 on Friday, the selling rate remained at $119.82.FX sum 16-11-15 The Canadian dollar buying rate lost 80 cents to end at $86.84 with dealers buying C$1,871,173 and selling C$1,292,916, at an average rate that rose 18 cents to $89.12. The rate for buying the British Pound declined 49 cents to $178.94 for the purchase of £1,352,997, while £498,115 was sold, with the rate remaining unchanged at $181.14. At the end of trading, it took J$128.59 to purchase the Euro, a decline of 25 cents from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.08 for a fall of 23 cents from Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$257,995 being bought, while US$119,165 was sold.
Highs & Lows| On Monday, the highest buying rate for the US dollar fell 40 cents to $120.10, the lowest buying rate jumped $4.13 to FX hl 16-11-15$102.66, the highest selling rates remained unchanged at $126.26 and the lowest selling rate ended $17.67 higher at $116.20. The highest buying rate for the Canadian dollar rose 10 cents to $89.80, the lowest buying rate closed higher by $3.46 to $75.26, the highest selling rate was unchanged at $92.55 and the lowest selling rate gained 30 cents to end at $86. The highest buying rate for the British Pound, rose 10 cents to end at $182.70. The lowest buying rate jumped $7 to $152.25, the highest selling rate rose $1.46 to $187.46 and the lowest selling rate jumped $10.20 to $175.20.

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