More net fx flows on Friday

As authorized dealers bought another $10 million more than they sold on Friday bringing the net inflows since the end of June, to US$238 million as dealers bought US$40,765,078 and sold US$32,968,997 compared to US$42,116,500 purchased and US$34,757,990 sold on Thursday, of all currencies.
In US dollar trading, dealers bought US$38,520,593 compared to US$38,450,163 on Thursday. The buying rate for the US dollar slipped 6 cents to close at $126.76. A total of US$30,809,968 was sold versus US$32,644,249 on Thursday, with the selling rate rising 5 cents to end at $127.36. The Canadian dollar buying rate rose 1 cent to $95.62, with dealers buying C$816,078 and selling C$789,840 at an average rate that rose 58 cents to $98.54. The average rate for buying the British Pound climbed 63 cents to $164.97 for the purchase of £1,167,267 while £1,014,519 was sold with the rate falling 30 cents to end at $167.97.
At the end of trading, the selling rate for the Euro, rose 54 cents to close at J$144.11 from Thursday’s rate, according to data from Bank of Jamaica, dealers purchased the European common currency at J$141.11 for a rise of $1.39 from the rate on Thursday. The US dollar equivalent of other currencies traded amounts to US$109,799 being bought, while US$209,951, was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Friday, include a drop of $3.24 in the highest selling rate for the US dollar to $134.30, a rise of $1.60 in the lowest selling rate of the Canadian Dollar to close at $94.60. Trading in the British Pound resulted in a rise of $1.50 in the lowest selling rate to close of $162.50.