Losses for Jamaican$ on Thursday

Trading resulted in the Jamaican dollar falling in value on Thursday against all majors it normally trade against. The market ended with dealers buying the equivalent of US$32,371,601 and selling US$38,885,383, in contrast to US$32,239,806 purchased and US$36,057,709 sold on Wednesday.
In US dollars trading, dealers bought US$27,218,608 compared to US$29,447,273 on Wednesday, as the buying rate for the US dollar remained unchanged at $121.29. A total of US$35,303,983 was sold versus US$34,805,943 on Wednesday, the selling rate rose 2 cents to end at $122.02. The Canadian dollar buying rate rose $2.68 to end at $92.01 with dealers buying C$2,284,261 and selling C$2,483,743, at an average rate that gained $2.77 to end at $93.08. The rate for buying the British Pound jumped $2.80 to $171.18 for the purchase of £2,160,452, while £964,420 was sold, on Wednesday, as the rate climbed $2.04 to $172.10. At the end of trading, the selling rate for Euro, lost 49 cents to close at J$135.10, from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$132.31 for a fall of 47 cents from Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$371,110 being bought, while US$326,270 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Thursday are, a gain of $2.12 in the highest buying rate of the Canadian dollar to close at $94.12 and a rise of $4.85 in the highest buying rate of the British Pound to end at $177.85, while the lowest buying rate fell 83 cents to $137.53.