Balanced FX flows on Thursday

US$ bungle Trading in the Jamaican foreign exchange market ended Thursday with inflows and outflows almost matching each other, with dealers buying the equivalent of US$35,408,853 and selling US$34,875,156, in contrast with US$30,741,701 purchased and US$45,468,988 sold on Wednesday.
In US dollars trading, dealers bought US$31,462,644 compared to US$27,773,808 on Wednesday, with the buying rate for the US dollar rising by 22 cents to $120.86. A total of US$32,362,621 was sold versus US$43,559,983 on Wednesday as the selling rate rose 4 cents to $121.42.FX trde sum 4-02-16 The Canadian dollar buying rate rose $1.78 to end at $85.36 with dealers buying C$1,136,090 and selling C$753,990, at an average rate that climbed by $1.19 to $86.88. The rate for buying the British Pound climbed $1.83 to $173.57 for the purchase of £1,777,186, while £776,985 was sold, with the rate jumping $2.45 to $175.67. At the end of trading, the selling rate for Euro, ended with a rise of $1.80 to close at J$134.11, from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$131.31 for a rise of $1.60 from Wednesday’s rate. FX H&L 04-02-16 The US dollar equivalent of other currencies traded, amounts to US$591,627 being bought, while US$848,923 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a rise of $1.95 in the lowest selling rate for the US dollar that ended at $101.11, the highest buying rate for the British Pound climbing $1.50 to $178.20, the highest selling being up by $1.99 to $181.57 and the lowest selling rate gaining $1.50 to $168.50.

More US$ selling than buying – Wednesday

Trading in the Jamaican foreign exchange market ended Wednesday with dealers buying the equivalent of US$30,741,701 and selling US$45,468,988, in contrast with US$39,102,745 purchased and US$45,483,303 sold on Tuesday.
FX trde sum 3-02-16In US dollars trading, dealers bought US$27,773,808 compared to US$36,005,606 on Tuesday with the buying rate for the US dollar slipping by 16 cents to $120.64. A total of US$43,559,983 was sold versus US$43,512,355 on Tuesday as the selling rate rose 1 cent to $121.38. The Canadian dollar buying rate rose 47 cents to end at $83.58 with dealers buying C$998,893 and selling C$580,645, at an average rate that slipped $1.58 to $85.69. The rate for buying the British Pound climbed $1.05 to $171.74 for the purchase of £1,374,735, while £741,813 was sold, with the rate rising 69 cents to $173.22. At the end of trading, the selling rate for Euro, ended with a rise of 13 cents to close at J$132.31, from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.71 for a decline of 1 cent from Tuesday’s rate. FX H&L 03-02-16The US dollar equivalent of other currencies traded, amounts to US$318,898 being bought, while US$440,417 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a fall of $18.34 in the lowest selling rate for the US dollar that ended at $99.16, the highest buying rate of the Canadian dollar rising $1.50 to $88, the lowest selling rate jumping $2.70 to $82.70 and the highest buying rate for the British Pound climbing $2.40 to $176.70.

Strong FX inflows on Tuesday

J$5000 Trading in the Jamaican foreign exchange market ended Tuesday with dealers buying the equivalent of US$39,102,745 and selling US$45,483,303, in contrast with US$64,626,781 purchased and US$55,140,235 sold on Monday.
In US dollars trading, dealers bought US$36,005,606 compared to US$60,897,375 on Monday with the buying rate for the US dollar slipping by 9 cents to $120.80. A total of US$43,512,355 was sold versus US$53,714,041 on Monday as the selling rate rose by 3 cents to $121.37. The Canadian dollar FX trde sum 2-02-16buying rate rose 54 cents to end at $83.11 with dealers buying C$1,054,742 and selling C$1,429,307, at an average rate that climbed $2.37 to $87.27. The rate for buying the British Pound jumped $1.90 to $170.69 for the purchase of £1,573,451, while £523,262 was sold, with the rate rising $1.46 to $172.53. At the end of trading, the selling rate for Euro, ended with a rise of 85 cents to close at J$132.18, from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.72 for a gain of 85 cents from Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$148,241 being bought, while US$199,528 was sold.
FX H&L 02-02-16Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a recovery of $18.34 in the lowest selling rate for the US dollar that ended at $117.50 and the highest buying rate for the British Pound climbing $1.50 to $174.30 and lowest selling rate gaining $2.05 to end at $166.50.

FX trading jumps on Monday

FX_USPound2 Trading in the Jamaican foreign exchange market ended Monday with dealers buying the equivalent of US$64,626,781 and selling US$55,140,235, in contrast with US$55,187,652 purchased and US$45,669,815 sold on Friday.
In US dollars trading, dealers bought US$60,897,375 compared to US$51,122,324 on Friday with the buying rate for the US dollar slipping by 2 cents to $120.89. A total of US$53,714,041 was sold versus US$43,774,345 on Friday as the selling rate fell by 3 cents to $121.34. The Canadian dollar buying rate FX trde sum -02-16fell 64 cents to end at $82.57 with dealers buying C$1,301,740 and selling C$615,650, at an average rate that slipped 84 cents to $84.59. The rate for buying the British Pound dived $2 to $168.79 for the purchase of £1,208,967, while £455,237 was sold, with the rate declining $2.83 to $171.06. At the end of trading, the selling rate for Euro, ended with a loss of $1.42 at J$131.33, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.87 for a fall of FX H&L 1-02-16 $1.59 from Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$1,152,324 being bought, while US$353,692 was sold.Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a drop of $18.84 in the lowest selling rate for the US dollar that ended at $99.16 and the highest buying rate for the British Pound falling $1.25 to $172.80.

FX trading remains elevated on Friday

J$ - 500front Trading in the Jamaican foreign exchange market ended Friday with dealers buying the equivalent of US$55,187,652 and selling US$45,669,815, in stark contrast with US$71,660,961 purchased and US$66,585,264 sold on Thursday.
In US dollars trading, dealers bought US$51,122,324 compared to US$69,317,642 on Thursday with the buying rate for the US dollar slipping by 16 cents to $120.91. A total of US$43,774,345 was sold versus US$65,470,747 on Thursday as the selling rate climbed by 3 cents to $121.37.FX sum -29-01-16 The Canadian dollar buying rate rose 25 cents to end at $83.21 with dealers buying C$1,161,158 and selling C$572,649, at an average rate that gained 11 cents to $85.73. The rate for buying the British Pound rose $1.23 to $170.79 for the purchase of £1,882,740, while £795,747 was sold, with the rate climbing $2.06 to $173.89. At the end of trading, the selling rate for Euro, ended with a gain of 86 cents at J$132.74, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$130.46 for a rise of $1.35 on Thursday’s rate. The US dollar equivalent of other currencies traded, amounts to US$606,802 being bought, while US$350,831 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the FX HL-29-01-16currencies traded at are, a rise of $1.25 in the highest buying rate for the US dollar that ended at $122 and a hike of $2 in the lowest selling rate to $118. The highest buying rate of the Canadian dollar lost $1.70 to $86.50 and highest selling rate dropped $1.62 to $88.38. The highest buying rate for the British Pound dropped $4.65 to $174.05, the lowest buying rate dived by $3.98 to $138.86, the highest selling rate dipped $4.35 to $179.80 and the lowest selling rate was down $5.55 to $165.15.

FX trading jumps sharply on Thursday

Money Trading in the Jamaican foreign exchange market ended on Thursday at levels that is usually occurs on days when the Bank of Jamaica intervenes in the market. Trading ended with dealers buying the equivalent of US$71,660,961 and selling US$66,585,264, in stark contrast with US$33,911,551 purchased and US$32,180,833 sold on Wednesday.
In US dollars trading, dealers bought US$69,317,642 compared to US$30,531,051 on Wednesday with the buying rate for the US dollar rising 50 cents to $121.07. A total of US$65,470,747 was sold versus US$28,521,777 on Wednesday as the selling rate climbed by 3 cents to $121.34. The Canadian dollar buying rate dropped $1.80 to end at $82.96 with dealers buying C$1,004,415 and selling C$661,128, FX sum -28-01-16at an average rate that fell $2.37 to $85.62. The rate for buying the British Pound slipped 82 cents to $169.56 for the purchase of £1,117,479, while £359,952 was sold, with the rate falling 29 cents to $171.83. At the end of trading, the selling rate for Euro, ended with a gain of 38 cents at J$131.88, from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.10 for a rise of 39 cents from Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$90,020 being bought, while US$138,299 was sold.
FX HL-28-01-16Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a fall of $1.25 in the highest buying rate for the US dollar that ended at $120.75 and a hike of $16.97 in the lowest selling rate to $116. The highest buying rate of the Canadian dollar rose $1.50 to $88.20, the lowest buying rate rose $1 and ended at $68.81 and lowest selling rate climbed $1.50 to $80.50. The highest buying rate for the British Pound jumped $4.80 to $178.70, the lowest buying rate jumped by $4.64 to $142.84, the highest selling rate leapt $7.16 to $184.15 and the lowest selling rate was up $5.50 to $170.70.

Jamaican$ loses value all round – Wednesday

FX_USPound2 Trading in the Jamaican foreign exchange market ended on Wednesday with dealers buying the equivalent of US$33,911,551 and selling US$32,180,833, compared with US$27,137,018 purchased and US$31,241,564 sold on Tuesday.
In US dollars trading, dealers bought US$30,531,051 compared to US$24,325,109 on Tuesday with the buying rate for the US dollar rising 12 cents to $120.57. A total of US$28,521,777 was sold versus US$28,696,289 on Tuesday as the selling rate climbed by 10 cents to $121.31. FX sum 27-01-16The Canadian dollar buying rate jumped $2.58 to end at $84.76 with dealers buying C$1,794,316 and selling C$3,612,350, at an average rate that rose $1.25 to $87.99. The rate for buying the British Pound rose $1.29 to $170.38 for the purchase of £1,419,888, while £557,702 was sold, with the rate gaining 61 cents to $172.12. At the end of trading, the selling rate for Euro, ended with a gain of 31 cents at J$131.50, from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.71 for a rise of 22 cents from Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$112,633 being bought, while US$247,666 was sold.
FX HL-27-01-16Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a fall of $1.91 in the lowest selling rate for the US dollar that ended at $99.03. The highest selling rise of the Canadian dollar rose $2.14 to $90, the lowest selling rate fell $1.55 and ended at $79 and Highest selling rate for the British Pound fell $1.17 to $176.99 and the lowest selling rate jumped by $7.20 to $165.20.

Jamaican$ loses value all round – Tuesday

bob-marley Trading in the Jamaican foreign exchange market rose slightly on Tuesday, from the prior Tuesday’s level of just $24.4 million that was purchased then. Trading ended with dealers buying the equivalent of US$27,137,018 and selling US$31,241,564, compared with US$43,368,650 purchased and US$39,093,223 sold on Monday.
In US dollars trading, dealers bought US$24,325,109 compared to US$38,895,652 on Monday with the buying rate for the US dollar rising 3 cents to $120.45. A total of US$28,696,289 was sold versus US$37,043,813 on Monday as the selling rate climbed by 10 cents to $121.21. FX sum -26-01-16The Canadian dollar buying rate fell 73 cents to end at $82.18 with dealers buying C$1,434,840 and selling C$2,283,416, at an average rate that rose $1.87 to $86.74. The rate for buying the British Pound dropped 64 cents to $169.09 for the purchase of £1,199,305, while £568,662 was sold, with the rate gaining 88 cents to $171.51. At the end of trading, the selling rate for Euro, ended with a gain of 16 cents at J$131.19, from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.49 for a rise of 14 cents from Monday’s rate. FX HL-26-01-16 The US dollar equivalent of other currencies traded, amounts to US$149,383 being bought, while US$106,693 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a rise of $1.55 in the lowest selling rate of the Canadian dollar that ended at $80.55 and British Pound, lowest selling rate falling $5.75 to $158.

Jam$ loses value all round – Monday

GhanaMoney280x150 Trading in the Jamaican foreign exchange market rose on Monday, from Friday levels and well above trading on the prior Monday when only $27.6 million was purchased. Monday ended with dealers buying the equivalent of US$43,368,650 and selling US$39,093,223, compared with US$29,100,279 purchased and US$26,283,796 sold on Friday.
In US dollars trading, dealers bought US$38,895,652 compared to US$26,956,579 on Friday with the buying rate for the US dollar rising 4 cents to $120.42. A total of US$37,043,813 was sold versus US$25,059,286 on Friday as the selling rate climbed by 6 cents to $121.11. FX sum -25-01-16The Canadian dollar buying rate gained $1.46 to end at $82.91 with dealers buying C$2,285,181 and selling C$1,484,552, at an average rate that rose 28 cents to $84.87. The rate for buying the British Pound climbed $1.41 to $169.73 for the purchase of £1,835,997, while £520,136 was sold, with the rate gaining 47 cents to $170.63. At the end of trading the sale of the Euro, ended with a gain of 2 cents at J$131.03, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the FX HL-25-01-16European common currency at J$128.35 for a fall of 42 cents from Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$311,814 being bought, while US$276,301 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a rise of $1.42 in the lowest buying rate of the British Pound, to end at $138.20 and a fall in the lowest selling rate of $1.55 to $163.75.

Jamaican $ fairly stable on Friday

FX_USPound Trading in the Jamaican foreign exchange market declined sharply on Friday, from the expanded level on Thursday with dealers buying the equivalent of US$29,100,279 and selling US$26,283,796, compared with US$86,482,978 purchased and US$81,286,470 sold on Thursday.
In US dollars trading, dealers bought US$26,956,579 compared to US$81,408,190 on Thursday with the buying rate for the US dollar falling 40 cents to $120.38. A total of US$25,059,286 was sold versus US$76,491,607 on Thursday as the selling rate climbed by just 1 cent to $121.05.FX sum -22-01-16r The Canadian dollar buying rate dropped $2.70 to end at $81.45 with dealers buying C$975,164 and selling C$756,808, at an average rate that fell 85 cents to $84.59. The rate for buying the British Pound slipped $1.39 to $168.32 for the purchase of £942,480, while £313,967 was sold, with the rate gaining 19 cents to $170.16. At the end of trading the sale of the Euro, ended with a loss of 85 cents at J$131.01, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.77 for a fall of 17 cents from Thursday’s rate. FX HL-22-01-16The US dollar equivalent of other currencies traded, amounts to US$166,009 being bought, while US$254,239 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at are, a sharp drop of $16.55 in the lowest selling rate of the US dollar to $100.95. The Canadian dollar lowest selling rate rose by $1.50 to $79.50 and there was a rise of $1.32 in the highest buying rate of the British Pound, to $173.75.