Mixed day for Jamaican$ on Friday

Trading resulted in the Jamaican dollar falling in value on Friday against the Canadian dollar and Pound sterling but rising against the US dollar. The market ended with dealers buying the equivalent of US$33,506,151 and selling US$31,293,513, in contrast to US$32,371,601 purchased and US$38,885,383 sold on Thursday.
In US dollars trading, dealers bought US$29,939,202 compared to US$27,218,608 on Thursday, as the buying rate for the US dollar remained unchanged at $121.29. A total of US$29,104,944 was sold versus US$35,303,983 on Thursday, the selling rate fell 4 cents to end at $121.98. The Canadian dollar buying rate fell 12 cents to end at $91.89 with dealers buying C$2,088,057 and selling C$1,686,205, at an average rate that gained 99 cents to $94.07. The rate for buying the British Pound jumped $1.25 to $172.43 for the purchase of £1,157,998, while £472,442 was sold, on Thursday, as the rate climbed $2.81 to $174.91. At the end of trading, the selling rate for Euro, rose $2.97 to close at J$138.08, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.20 for a rise of $2.89 from Thursday’s rate. The US dollar equivalent of other currencies traded, amounts to US$338,687 being bought, while US$210,802 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Friday are, a gain of $1.66 in the lowest buying rate of the Canadian dollar to close at $74.29 and a rise of $2.40 in the lowest selling rate to $87.90. The highest buying rate of the British Pound slipped $1.65 to end at $176.20, while the lowest buying rate declined $3.16 to $140.69, the highest selling rate gained $3.37 to $183.06 and the Lowest selling rate was down $1.10 to $166.10.