The selling rate for the Jamaican dollar moved 16 cents closer to $120 to the US dollar on Wednesday which is just over 1 percent away, but the public is buying the US dollar as high as J$124.12 in Wednesday trading.
Purchases by dealers of foreign currencies on Wednesday saw buying of the equivalent of US$26,434,145 in contrast to US$42,927,303 on Tuesday, while they sold the equivalent of US$32,677,054, previously US$39,419,041.
In US dollar trading , dealers bought US$23,310,357 compared to US$40,544,295 on Tuesday. The buying rate for the US dollar fell 14 cents to $117.68 and US$31,118,844 was sold versus US$37,654,298 on Tuesday, the selling rate rose 16 cents to close at $118.59.
The Canadian dollar buying rate eased 5 cents to $86.86, with dealers buying C$667,523 and selling C$457,173, at an average rate that climbed 85 cents to $89.09. The rate for buying the British Pound gained 87 cents to $178.78 for the purchase of £1,669,615, while £710,537 was sold, at an average rate that rose $1.48 to end at $182.27. At the end of trading, it took J$132.46 to purchase the Euro, an increase of 40 cents on Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.81, a rise of $1.06 on Tuesday’s rate. Other currencies bought, amounted to the equivalent of US$94,758, while the equivalent of US$122,637 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 15 cents to $119.30, the lowest buying rate inched up 8 cents to $96.86 and the
highest selling rate added 11 cents to end at $124.12 and the lowest selling rate jumped $16.87 to $115.30. The highest buying rate for the Canadian dollar climbed $1.11 to $90.50, the lowest buying rate is up 42 cents to $70.97 and highest selling rate added $1.38 to end at $93, the lowest selling rate remained unchanged at $85. The highest buying rate for the British Pound, climbed 20 cents to $182.70, the lowest buying rate jumped $2.32 to $146.41, the highest selling rates leapt $3 to $188.75 and the lowest selling rates gained $2.40 to $176.
J$120 to US$ moved even closer
J$ smelling $120 to US$1 on Tuesday
The selling rate for the Jamaican dollar is within smelling distance from $120 to the US dollar on Tuesday. Purchases by dealers of foreign currencies on Tuesday saw dealers buying the equivalent of US$42,927,303 in contrast to US$23,781,584 on Monday, while they sold the equivalent of US$39,419,041, previously US$27,537,023.
In US dollar trading , dealers bought US$40,544,295 compared to US$20,212,171 on Monday.
The buying rate for the US dollar rose 69 cents to $117.82 and US$37,654,298 was sold versus US$26,270,588 on Monday, the selling rate rose 9 cents to close at $118.43. The Canadian dollar buying rate climbed $1.04 to $86.91, with dealers buying C$1,003,271 and selling C$587,023, at an average rate that slipped 25 cents to $88.24. The rate for buying the British Pound gained 80 cents to $177.91 for the purchase of £1,006,635, while £771,681 was sold, at an average rate that rose $1.65 to end at $180.79. At the end of trading, it took J$132.06 to purchase the Euro, an increase of 72 cents on Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.75, a fall of 10 cents on Monday’s rate. Other currencies bought, amounted to the equivalent of US$122,771, while the equivalent of US$149,320 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 30 cents to $119.15, the lowest buying and the highest selling rates remain unchanged
at $96.78 and $124.01 respectively and the lowest selling rate rose $2.07 to $98.43. The highest buying rate for the Canadian dollar rose 14 cents to $89.39, the lowest buying rate fell 25 cents to $70.55 and highest selling rate added 15 cents to end at $91.62, the lowest selling rate remained unchanged at $85. The highest buying rate for the British Pound, climbed 70 cents to $182.50, the lowest buying, the highest and the lowest selling rates were unchanged at $144.09, $185.75 and $173.60 respectively.
J$ at lowest against US on Monday
The selling rate for the Jamaican dollar fell to it’s lowest, against the US dollar on Monday, with US$6 million more sold than bought. Purchases by dealers of foreign currencies on Monday, resulted in the Jamaican currency selling rate slipping against the Canadian dollar and the British Pound.
The market closed with dealers buying the equivalent of US$23,781,584 in contrast to US$43,580,467 on Friday, while they sold the equivalent of US$27,537,023, previously US$34,164,793.
In US dollar trading , dealers bought US$20,212,171 compared to US$40,116,402 on Friday. The buying rate for the US dollar declined 55 cents to $117.13 and US$26,270,588 was sold versus US$27,537,023 on Friday, the selling rate rose 18 cents to close at $118.34. The Canadian dollar buying rate fell 47 cents to $85.87, with dealers buying C$1,123,358 and selling C$669,416, at an average rate that slipped 90 cents to $88.49.
The rate for buying the British Pound fell 77 cents to $177.11 for the purchase of £1,693,501, while £459,251 was sold, at an average rate that fell 24 cents to end at $179.14. At the end of trading, it took J$131.34 to purchase the Euro, an increase of 23 cents on Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.85, a rise of 47 cents on Friday’s rate. Other currencies bought, amounted to the equivalent of US$185,140, while the equivalent of US$70,662 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 10 cents to $118.85, the lowest buying rate gained 9 cents to $96.78 and the highest selling rate rose 32 cents to $124.01.
The lowest selling rate dived $17.64 to $96.36. The highest buying rate for the Canadian dollar lost 15 cents to $89.25, the lowest buying rate closed 33 cents higher at $70.80 and highest selling rate remained unchanged at $91.47. The lowest selling rate added 10 cents to end at $85. The highest buying rate for the British Pound, climbed $1.20 to $181.80, the lowest buying rate eased 45 cents to $144.09, the highest selling rate dropped $1.70 to $185.75 and the lowest selling rate lost 40 cents to $173.60.
J$ steady against US on Friday
The selling rate for the Jamaican dollar was fairly stable against the US dollar on Friday as there was nearly US$8 million more bought than sold. Purchases by dealers of foreign currencies on Friday, resulted in the Jamaican currency selling rate slipping against the Canadian dollar and rising against the British Pound. The market closed with dealers buying the equivalent of US$43,580,467 in contrast to US$26,547,793 on Thursday, while they sold the equivalent of US$34,164,793, previously US$29,211,572.
In US dollar trading , dealers bought US$40,116,402 compared to US$23,903,351 on Thursday. The buying rate for the US dollar rose 23 cents to $117.68 and US$32,636,062 was sold versus US$27,572,536 on Thursday, the selling rate gained 1 cent to close at $118.16.
The Canadian dollar buying rate fell $1.14 to $86.34, with dealers buying C$760,150 and selling C$908,138, at an average rate that rose 50 cents to $89.39. The rate for buying the British Pound rose 93 cents to $177.88 for the purchase of £1,861,676, while £453,758 was sold, at an average rate that fell 92 cents to end at $179.38. At the end of trading, it took J$131.11 to purchase the Euro, down $1.43 on Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.38, a decline of $1.45 on Thursday’s rate. Other currencies bought, amounted to the equivalent of US$92,322, while the equivalent of US$152,862 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 5 cents to $118.75, the lowest buying rate gained 16 cents to $96.69 and the highest selling rate remained at $123.69.
The lowest selling rate fell 70 cents to $114. The highest buying rate for the Canadian dollar lost 40 cents to $89.40, the lowest buying closed unchanged at $70.47 and highest selling rate put on 37 cents to $91.47. The lowest selling rate added 90 cents to end at $84.90. The highest buying rate for the British Pound, fell 10 cents to $180.60, the lowest buying rate eased 21 cents to $144.54, the highest selling rate jumped $3.41 to $187.45 and the lowest selling rate lost $1 to $174.
J$ falls lower on Thursday
The selling rate for the Jamaican dollar continues to decline against the US dollar on Thursday. Purchases by dealers of foreign currencies on Thursday, resulted in the Jamaican currency selling rate also slipping against the British Pound and rising moderately against the Canadian dollar.
The market closed with dealers buying the equivalent of US$26,547,793 in contrast to US$31,823,526 on Wednesday, while they sold the equivalent of US$29,211,572, previously US$35,037,208.
In US dollar trading , dealers bought US$23,903,351 compared to US$28,564,957 on Wednesday. The buying rate for the US dollar rose 9 cents to $117.45 and US$27,572,536 was sold versus US$33,039,394 on Wednesday, the selling rate gained 13 cents to close at $118.15.
The Canadian dollar buying rate rose 13 cents to $87.48, with dealers buying C$1,242,365 and selling C$626,370, at an average rate that fell 6 cents to $88.89. The rate for buying the British Pound declined by $1.25 to $176.95 for the purchase of £955,925, while £664,231 was sold, at an average rate that rose 94 cents to end at $180.30. At the end of trading, it took J$132.54 to purchase the Euro, down 23 cents on Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.83, a decline of 17 cents on Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$278,949, while the equivalent of US$154,191 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 22 cents to $118.70, the lowest buying and the highest selling rates remained at $96.53 and $123.69 respectively.
The lowest selling rate rose $16.44 to $114.70. The highest buying rate for the Canadian dollar lost 5 cents to $89.80, the lowest buying rate lost 50 cents to $70.47 and highest selling rate fell 90 cents to $91.10. The lowest selling rate decline $1.20 to end at $84. The highest buying rate for the British Pound, fell $1.12 to $180.70, the lowest buying rate fell 33 cents to $144.75, the highest selling rate dropped $3 to $184.04 and the lowest selling rate rose by $1.60 to $175.
J$ loses vs US gains on others Tuesday
Purchases by dealers of foreign currencies on Tuesday, resulted in the Jamaican currency selling rate slipping against the US dollar and making gains against the Canadian dollar and the British Pound. The market closed with dealers buying the equivalent of US$28,520,235 in contrast to US$50,144,764 on Monday, while they sold the equivalent of US$33,369,834, previously US$46,892,333.
In US dollar trading , dealers bought US$26,230,782 compared to US$45,236,465 on Monday. The buying rate for the US dollar rose 5 cents to $117.23 and US$31,982,978 was sold versus US$44,880,379 on Monday, the selling rate gained 7 cents to $117.93.
The Canadian dollar buying rate rose 57 cents to $87.17 with dealers buying C$1,065,671 and selling C$781,360, at an average rate that fell 1 cent to $88.65. The rate for buying the British Pound dropped $1.30 to $178 for the purchase of £884,006, while £390,883 was sold, at an average rate that fell 86 cents to end at $180.38. At the end of trading, it took J$132.06 to purchase the Euro, with a fall of 21 cents from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.33, a decrease of 41 cents from Monday’s rate. Other currencies bought, amounted to the equivalent of US$154,646, while the equivalent of US$201,641 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 15 cents to $118.45, the lowest buying rate rose 30 cents to $96.53, the highest selling rate rose 32 cents to $123.69 and the lowest selling rate gained $1.95 to $98.10.
The highest buying rate for the Canadian dollar dropped 50 cents to $89.30, the lowest buying rate fell 29 cents to $70.55 and highest selling rate remained at $92. The lowest selling rate rose $1 to end at $85. The highest buying rate for the British Pound, dived $2.50 to $180.50, the lowest buying rate rose 12 cents to $145.83, the highest selling rate climbed 16 cents to $188 and the lowest selling rate declined by 55 cents to $175.
J$ make slight gains on Monday
Purchases by dealers of foreign currencies on Monday, resulted in the Jamaican currency selling rate making gains against the US dollar and the Canadian but slipping against the Pound sterling. The market closed with dealers buying the equivalent of US$50,144,764 in contrast to US$35,151,325 on Friday, while they sold the equivalent of US$46,892,333, previously US$38,752,539.
In US dollar trading , dealers bought US$45,236,465 compared to US$33,010,598 on Friday. The buying rate for the US dollar fell 20 cents to $117.18 and US$44,880,379 was sold versus US$36,624,907 on Friday, the selling rate eased by 1 cent to $117.86. The Canadian dollar buying rate rose 17 cents
to $86.60 with dealers buying C$1,894,894 and selling C$1,171,602, at an average rate that fell 33 cents to $88.66. The rate for buying the British Pound climbed 88 cents to $179.30 for the purchase of £1,865,493, while £600,621 was sold, at an average rate that added 25 cents to end at $181.24. At the end of trading, it took J$132.27 to purchase the Euro, with a rise of 17 cents on Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.74, an increase of 46 cents on Friday’s rate. Other currencies bought, amounted to the equivalent of US$653,426, while the equivalent of US$206,879 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 5 cents to $118.30, the lowest buying rate remained at $96.23, the highest selling
rate rose 5 cents to $123.37 and the lowest selling rate dropped $18.55 to $96.15. The highest buying rate for the Canadian dollar rose 65 cents to $89.80, the lowest buying rate fell 8 cents to $70.84 and highest selling rate rose 50 cents to $92. The lowest selling rate eased $1 to end at $84. The highest buying rate for the British Pound, climbed $1.70 to $183, the lowest buying rate declined by 49 cents to $145.71, the highest selling rate declined $2.78 to $187.84 and the lowest selling rate rose 55 cents to $175.55.
More slipping of J$ on Friday
Purchases by dealers of foreign currencies on Friday, resulted in the Jamaican currency selling rate continuing to slip against the US dollar and the Canadian but it rose against the Pound sterling. The market closed with dealers buying the equivalent of US$35,151,325 in contrast to US$26,734,325 on Thursday, while they sold the equivalent of US$38,752,539, previously US$31,646,639.
In US dollar trading , dealers bought US$33,010,598 compared to US$23,291,048 on Thursday. The buying rate for the US dollar rose 35 cents to $117.38 and US$36,624,907 was sold versus US$30,577,320 on Thursday, the selling rate inched up 9 cents to $117.87.
The Canadian dollar buying rate fell 82 cents to $86.43 with dealers buying C$804,406 and selling C$979,253, at an average rate that increased 42 cents to $88.99. The rate for buying the British Pound dropped $1.78 to $178.42 for the purchase of £927,782, while £669,448 was sold, at an average rate that fell 76 cents to $180.99. At the end of trading, it took J$132.10 to purchase the Euro, with a fall of $2.12 from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.28, a decline of $2.20 from Thursday’s rate. Other currencies bought, amounted to the equivalent of US$138,160, while the equivalent of US$360,382 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 12 cents to $118.25, the lowest buying rate gained 4 cents to $96.23, the highest
selling rate rose 6 cents to $123.32 and the lowest selling rate jumped $18.26 to $114.70. The highest buying rate for the Canadian dollar fell 85 cents to $89.15, the lowest buying rate gained 20 cents to $70.92 and highest selling rate rose 34 cents to $91.50. The lowest selling rate eased 20 cents to end at $85. The highest buying rate for the British Pound, eased $1.70 to $181.30, the lowest buying rate declined by $1.66 to $146.20, the highest selling rate declined $1.98 to $190.62 and the lowest selling rate fell $2 to $175.
J$ eases vs US on Thursday
Purchases by dealers of foreign currencies on Thursday, resulted in the Jamaican currency selling rate slipping against the US dollar and rising against the Pound sterling the Canadian. The market closed with dealers buying the equivalent of US$26,734,325 in contrast to US$28,433,391 on Wednesday, while they sold the equivalent of US$31,646,639, previously US$32,813,136.
In US dollar trading , dealers bought US$23,291,048 compared to US$26,458,016 on Wednesday. The buying rate for the US dollar lost 2 cents to $117.03 and US$30,577,320 was sold versus US$31,311,436 on Wednesday, the selling rate rose 9 cents to $117.78. The Canadian dollar buying rate jumped 75 cents to $87.25 with dealers buying C$1,545,237 and selling C$720,492, at an average rate that declined 51 cents to $88.57. The rate for buying the British Pound
dropped 72 cents to $180.20 for the purchase of £1,435,261, while £303,145 was sold, at an average rate that fell $1.91 to $181.75. At the end of trading, it took J$134.22 to purchase the Euro, with a rise of 3 cents from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$131.48, a decline of 3 cents on Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$81,119, while the equivalent of US$59,733 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 13 cents to $118.13, the lowest buying rate gained 4 cents to $96.19, the highest
selling rate rose 5 cents to $123.26 and the lowest selling rate rose 29 cents to $96.44. The highest buying rate for the Canadian dollar climbed $1.20 to $90, the lowest buying rate lost 16 cents to $70.72 and highest selling rate eased 11 cents to $91.16. The lowest selling rate rose 20 cents to end at $85.20. The highest buying rate for the British Pound, eased $1.50 to $183, the lowest buying rate declined by $1.71 to $147.86, the highest selling rate jumped $2.32 to $192.60 and the lowest selling rate fell 50 cents to $177.

