More slippage for Jamaica$ vs US$ – Friday

The Jamaican dollar rose 15 cents from Thursday’s closing selling rate to remain above J$125, to the United States currency, sitting just below the 126 mark, in foreign exchange trading on Friday, but the buying rate inched lower by 7 cents.
Inflows of all currencies, totaled US$34.93 million, versus US$38.16 million on Thursday with the selling of US$38.39 million in contrast to US$35.73 million on Thursday.
In US dollar trading, dealers sold US$36.42 million at an average of $125.75 at the close, compared to US$33.65 million at an average of $125.61 on Thursday. US currency purchases by dealers, amounted to US$31.36 million at an average of $124.16 at the close, compared to US$35.20 million at an average of $124.23.
At mid-day on Friday dealers purchased US$7.32 million at an average rate of J$124.25 and sold US$9.22 million at an average of J$125.88. On Thursday at midday dealers purchased US$9.76 million at an average rate of J$124.66 and sold US$9.68 million at an average of J$125.55.
The selling rate on Friday, for the Canadian dollarfell to J$99.38 from J$102.13 at the close on Thursday, the selling rate for the British Pound rose to J$176.86 from J$176.01 previously and the euro declined in value against the Jamaican dollar at J$154.44 to buy the European common currency, versus the prior selling rate of J$156.29.