The rate of exchange to buy the US dollar by the public was unchanged on Tuesday at $126.64 as dealers sold US$48.09 million of the US dollar, compared to US$36.75 million at an average rate of $126.64 on Monday.
US currency purchases amounted to US$59.23 million on Tuesday, at an average rate of $126.15 compared to Monday with US$48.04 million at $125.77.
Dealers’ purchases climbed to US$74.79 million, versus US$53.77 million on Tuesday in all currencies in Jamaica’s forex market and sold US$61.65 million compared with US$41.69 million of all currencies sold previously.
The selling rate for the Canadian dollar inched lower to J$100.20 from J$100.21 at the close on Monday. The selling rate for the British Pound fell to J$165.09 versus J$166.02 on Monday and the euro decline in value against the Jamaican dollar, to J$147.39 to buy the European common currency, versus J$147.66 previously.
Jamaican$ value remains steady – Tuesday
November 14, 2017 by
