J$ declines on Wednesday

FX_USPound On Wednesday, the Jamaican dollar slipped slightly against the US dollar and aggressively against the British pound and Canadian dollar, as purchases of all currencies by dealers amounted to the equivalent of US$29,494,214 compared with US$37,319,246, on Tuesday and selling of the equivalent of US$33,928,300 versus sale of US$36,844,761, previously.
In US dollar trading, dealers bought US$27,139,403 compared to US$32,364,099 on Tuesday. The buying rate for the US dollar fell 4 cents to $115.42 and US31,570,143 was sold versus US$33,685,585 on Tuesday, the selling rate was up 5 cents to $115.97. The Canadian dollar buying rate declined 93 cents to $94.27 with dealers buying C$711,704 and selling C$646,108, at an average rate that rose $1.06 to $96.91. FX sum 13-5-15The rate for buying the British Pound increased $1.27 to $179.03 for the purchase of £1,032,769, while £754,408, was sold, at an average rate that rose $98 cents to $181.13. At the end of trading it took J$130.37 to purchase the Euro, $1.17 more than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.91 for an increase of $1.19 on Tuesday’s rate. Other currencies bought, amounted to the equivalent of US$171,509, while the equivalent of US$639,991, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 13 cents to $116.25. The lowest buying rate added $4.27 to $94.77 and highest selling rate increased $4.46 to $125.90, while the lowest selling rate jumped $18.69 to $113.30. FX hl 13-5-15The highest buying rate for the Canadian dollar rose 40 cents to $97.05. The lowest buying rate was up 50 cents to $76.36, the highest selling rate rose 93 cents $99.07 and the lowest selling rate climbed 30 cents to $92. The highest buying rate for the British Pound, climbed 60 cents to $182.60, the lowest buying rate gained $4.65 to $145.75, the highest selling rate rose $2.50 to $187.89 with the lowest selling rate rising 50 cents to $174.

Healthy flows but J$ slips Tuesday

FX_USPound On Tuesday, the Jamaican dollar slipped slightly against the US dollar and aggressively against the British pound and Canadian dollar as purchases of all currencies by dealers amounted to the equivalent of US$37,319,246 compared with US$51,284,150, on Monday and selling of the equivalent of US$36,844,761 versus sale of US$40,876,396, previously.
In US dollar trading, dealers bought US$32,364,099 compared to US$46,738,177 on Monday. The buying rate for the US dollar rose 10 cents to $115.46 and US$33,685,585 was sold versus US$38,332,897 on Monday, the selling rate was up 6 cents to $115.92. The Canadian dollar buying rate rose $1.22 to $95.20 with dealers buying C$2,449,582 and selling C$2,136,624, at an average rate that rose 49 cents to $95.85. FX sum 12-5-15The rate for buying the British Pound increased $2.43 to $177.76 for the purchase of £1,333,135, while £480,156, was sold, at an average rate that rose $1.79 to $180.15. At the end of trading it took J$129.20 to purchase the Euro, 77 cents less than on Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.71 for a fall of 71 cents from Monday’s rate. Other currencies bought, amounted to the equivalent of US$882,881, while the equivalent of US$646,260, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 2 cents to $116.12. The lowest buying rate dropped $4.11 to $90.50 and highest selling rate remained at $121.44, while the lowest selling rate declined $18.69 to $94.61.FX h&l 12-5-15 The highest buying rate for the Canadian dollar rose 90 cents to $96.65. The lowest buying rate was unmoved at $75.86, the highest selling rate dropped 62 cents $98.14 and the lowest selling rate climbed 30 cents to $91.70. The highest buying rate for the British Pound, climbed $1.35 to $182, the lowest buying rate remained at $141.10, the highest selling rate rose $2.17 to $185.39 with the lowest selling rate rising $3.50 to $173.50.

J$ declined moderately on Monday

J$1000front On Monday, the Jamaican dollar slipped slightly against the US dollar and the British pound and gained against Canadian dollar as purchases of all currencies by dealers amounted to the equivalent of US$51,284,150 compared with US$30,912,231, on Friday and selling of the equivalent of US$40,876,396 versus sale of US$25,107,740, previously.
In US dollar trading, dealers bought US$46,738,177 compared to US$26,664,183 on Friday. The buying rate for the US dollar rose 4 cents to $115.36 and US$38,332,897 was sold versus US$22,768,790 on Friday, the selling rate was up 1 cent to $115.86. FX sum 11-5-15 The Canadian dollar buying rate fell 51 cents to $93.98 with dealers buying C$1,976,566 and selling C$1,296,743, at an average rate that fell 33 cents to $95.36 The rate for buying the British Pound declined $1.22 to $175.33 for the purchase of £1,826,519, while £578,004, was sold, at an average rate that rose 26 cents to $178.36. At the end of trading it took J$129.97 to purchase the Euro, 46 cents less than on Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.43 for a fall of 37 cents from Friday’s rate. Other currencies bought, amounted to the equivalent of US$159,772, while the equivalent of US$586,357, was sold.
Highs & Lows| The highest buying rate for the US dollar, fell 5 cents to $116.10. The lowest buying rate remained at $94.61 and highest selling rate rose 21 cents to $121.44, while the lowest selling rate jumped $19.45 to $113.30. FX H&L 11-5-15The highest buying rate for the Canadian dollar fell 21 cents to $95.75. The lowest buying rate dropped 75 cents to $75.86, the highest selling rate was unmoved at $98.76 and the lowest selling rate climbed $1.40 to $91.40. The highest buying rate for the British Pound, climbed $1.65 to $180.65, the lowest buying rate jumped $17.10 to $141.10, the highest selling rate rose $1.09 to $183.22 with the lowest selling rate rising $1 to $170.

FX levels rise but J$ falls Friday

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Image courtesy of Marcus/FreeDigitalPhotos.net

Image courtesy of Marcus/FreeDigitalPhotos.net

On Friday, the Jamaican dollar slipped slightly against the US dollar, down sharply against the British pound and gained against Canadian dollar, as purchases of all currencies by dealers amounted to the equivalent of US$30,912,231 compared with US$22,936,813 on Thursday and selling of the equivalent of US$25,107,740 versus sale of US$23,541,033, previously.
In US dollar trading, dealers bought US$26,664,183 compared to US$21,139,764 on Thursday. The buying rate for the US dollar rose 11 cents to $115.32 and US$22,768,790 was sold versus US$22,178,470 on Thursday, the selling rate was up 4 cents to $115.85. The Canadian dollar buying rate jumped $1.42 to $94.49 with dealers buying C$1,775,802 and selling C$912,584, at an average rate that fell 29 cents to $95.69. The rate for buying the British Pound jumped $3.70 to $176.54 for the purchase of £1,673,900, while £929,356, was sold, at an average rate that rose $2.62 to $178.10. FX sum 8-5-15 At the end of trading it took J$130.42 to purchase the Euro, $1.06 less than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.80 for a fall of $1.05 on Thursday’s rate. Other currencies bought, amounted to the equivalent of US$230,328, while the equivalent of US$156,522, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 10 cents to $116.15. FX H&L 8-5-15The lowest buying and highest selling rates remained at $94.61 and $121.23 respectively, while the lowest selling rate dropped 76 cents to $93.85. The highest buying rate for the Canadian dollar fell 4 cents to $95.96. The lowest buying rate rose 25 cents to $76.61, the highest selling rate fell 2 cents to $98.76 and the lowest selling rate dropped $2 to $90. The highest buying rate for the British Pound, climbed $2.50 to $179, the lowest buying rate plunged $16.69 to $124, the highest selling rate rose 76 cents to $182.13 with the lowest selling rate falling 50 cents to $169.

Currency volumes normalize Wednesday

Money - coins_graph Trading in the foreign exchange market return to normal levels on Wednesday after a big jump in the buying and selling volumes on Tuesday. On Wednesday the Jamaican dollar slipped against all it major peers as purchases of all currencies by dealers amounted to the equivalent of US$30,557,484, compared with US$78,256,318, on Tuesday and selling of the equivalent of US$32,121,997 versus sale of US$81,132,131, previously.
In US dollar trading, dealers bought US$26,518,924 compared to US$75,998,214 on Tuesday. The buying rate for the US dollar declined 33 cents to $115.21 and US$30,223,008 was sold versus US$79,709,830 on Tuesday, the selling rate was up 4 cents to $115.80. The Canadian dollar buying rate rose 48 cents to $93.91 with dealers buying C$907,443 and selling C$707,284, at an average rate that rose 64 cents to $96.19. The rate for buying the British Pound gained $1.93 to $174.25 for the purchase of £2,102,100, while £825,265, was sold, at an average rate that crept up 94 cents to $175.75. FX sum -6-5-15At the end of trading it took J$129.51 to purchase the Euro, 33 cents more than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.33 for a rise of 70 cents on Tuesday’s rate. Other currencies bought, amounted to the equivalent of US$119,641, while the equivalent of US$58,947, was sold.
Highs & Lows| The highest buying rate for the US dollar, fell 20 cents to $116. The lowest buying rate declined by $2.86 to $91.50 and highest selling rate remained at $121.23, while the lowest selling rate dropped back by $16.83 to $96.47. The highest buying rate for the Canadian dollar gained 80 cents to $96.80. FX h&l 6-5-15The lowest buying rate rose 63 cents at $75.99, the highest selling rate climbed 60 cents to $98.78 and the lowest selling rate gained $1 to $92. The highest buying rate for the British Pound, climbed $1.30 to $176.80, the lowest buying rate rose 25 cents to $140.69, the highest selling rate jumped $11.17 to $190 with the lowest selling rate jumping $2.80 to $172.

J$ steady against US & Canadian

FXTrading280x150 The slippage of the Jamaican dollar was halted on Monday against the US and the Canadian dollar but it rose against the British currencies as purchases of all currencies by dealers amounted to US$45,348,873 equivalent, compared with US$34,733,786, on Friday and selling of the equivalent of US$39,052,916 versus sale of US$32,565,352, previously.
In US dollar trading, dealers bought US$40,589,132 compared to US$32,036,309 on Friday. The buying rate for the US dollar fell 3 cents to $115.18 and US$36,727,675 was sold versus US$30,771,394 on Friday, the selling rate was unchanged at $115.74. The Canadian dollar buying rate jumped $1.37 to $94.19 with dealers buying C$2,570,440 and selling C$1,724,288, at an average rate that remained at $95.43. FX sm 4-5-15The rate for buying the British Pound fell 51 cents to $172.98 for the purchase of £1,664,090, while £397,770, was sold, at an average rate that declined by $1.52 to $174.71. At the end of trading it took J$129.89 to purchase the Euro, 29 cents more than on Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.36 for a rise of 36 cents on Friday’s rate. Other currencies bought, amounted to the equivalent of US$158,563, while the equivalent of US$303,185, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 15 cents to $116.30. The lowest buying and highest selling rates remained at $94.36 and $120.91 respectively, with the lowest selling rate falling $2.28 to $93.94. The highest buying rate for the Canadian dollar climbed $1.40 to $97. FX H&L 4-5-15The lowest buying rate declined by 17 cents to $75.36, the highest selling rate rose 13 cents to $97.50 and the lowest selling rate fell 20 cents to $90.80. The highest buying rate for the British Pound, declined $1 to $176, the lowest buying rate dipped 33 cents to $140.77, the highest selling rate rose $1.18 to $181.47 with the lowest selling rate falling 40 cents to $169.60.

J$ rises vs pound & Canadian

Money - coins_graph The slippage of the Jamaican dollar continued on Friday against the US dollar but it rose against the British and the Canadian currencies, Purchases of all currencies by dealers, amounted to US$34,733,786 equivalent, compared with US$29,464,814, on Thursday and selling of the equivalent of US$32,565,352 versus US$32,319,414, previously.
In US dollar trading, dealers bought US$32,036,309 compared to US$25,297,611 on Thursday. The buying rate for the US dollar rose 15 cents to $115.21 and US$30,771,394 was sold versus US$30,716,384 on Thursday, the selling rate increased by 9 cents to end at $115.74. FX sum 1-5-15The Canadian dollar buying rate dropped $1.59 to $92.82 with dealers buying only C$709,151 and selling C$563,451, at an average rate that fell 67 cents to $95.43. The rate for buying the British Pound fell $1.29 to $173.49 for the purchase of £895,063, while £403,562, was sold, at an average rate that declined by $1.87 to $176.23. At the end of trading it took J$129.59 to purchase the Euro, 76 cents more than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.99 for a rise of 67 cents on Thursday’s rate. Other currencies bought, amounted to the equivalent of US$778,324, while the equivalent of US$714,886, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 10 cents to $116.15. The lowest buying rate rose 17 cents to $94.36. The highest selling rate remained at $120.91 with the lowest selling rate rising 6 cents to $96.22. FXHL -1-5-15The highest buying rate for the Canadian dollar fell 80 cents to $95.60. The lowest buying rate declined by 62 cents to $75.53, the highest selling rate dropped 80 cents to $97.37 and the lowest selling rate remaining unchanged $91. The highest buying rate for the British Pound, declined $1.50 to $177, the lowest buying rate dipped $1.25 to $141.10, the highest selling rate dropped $1.54 to $180.29 with the lowest selling rate rising $2.95 to $170.

J$ falls most vs Pound & Canadian

usmoneyroll280x150 The slippage of the Jamaican dollar continued on Wednesday against all its main trading currencies as purchases of all currencies by dealers, amounted to US$39,727,764 equivalent, compared with US$42,569,572, on Tuesday and selling of the equivalent of US$38,332,411 versus sale of US$42,408,749, previously.
In US dollar trading, dealers bought US$34,618,052 compared to US$39,083,575 on Tuesday. The buying rate for the US dollar fell 1 cent to $115.02 and US$35,235,410 was sold versus US$39,865,854 on Tuesday, the selling rate rose 2 cents to end at $115.54.FXsum 29-4-15 The Canadian dollar buying rate rose 80 cents to $94.04 with dealers buying C$1,924,120 and selling C$1,243,546, at an average rate that increased $1.01 to $96.19. The rate for buying the British Pound climbed $1.60 to $174.61 for the purchase of £2,185,138, while £1,037,093 was sold, at an average rate that climbed $1.19 to $177.40. At the end of trading it took J$126.86 to purchase the Euro, $1.23 more than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$124.42 for a rise of $1.34 on Tuesday’s rate. Other currencies bought, amounted to the equivalent of US$219,391, while the equivalent of US$469,393, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 3 cents to $115.88. The lowest buying rate rose 25 cents to at $94.19. The highest selling rate remained unchanged $120.70 and the lowest selling rate dropped $16.64 to $96.16.FXHL 29-4-15 The highest buying rate for the Canadian dollar climbed 35 cents to $96.55. The lowest buying rate is down 87 cents to $74, the highest selling rate gained 54 cents to $98.85 and the lowest selling rate rose 20 cents to $90.50. The highest buying rate for the British Pound, rose $1.55 to $178.75, the lowest buying rate climbed 83 cents to $140.15, the highest selling rate climbed 80 cents to $181.07 with the lowest selling rate falling 35 cents to $167.50.

J$ falls most against the Pound

FXTrading280x150 The slippage of the Jamaican dollar continued on Tuesday against all its main trading currencies as purchases of all currencies by dealers amounted to US$42,569,572 equivalent, compared with US$47,599,698, on Monday and selling of the equivalent of US$42,408,749 versus sale of US$45,306,652, previously.
In US dollar trading, dealers bought US$39,083,575 compared to US$40,204,355 on Monday. The buying rate for the US dollar was up 22 cents to $115.03 and US$39,865,854 was sold versus US$38,650,336 on Monday, the selling rate rose 9 cents to end at $115.52. The Canadian dollar buying rate fell $1.45 to $93.24 with dealers buying C$1,080,630 and selling C$627,164, at an average rate that declined by 75 cents to $95.18. The rate for buying the British FX sum fn 28-4-15Pound climbed $1.93 to $173.01 for the purchase of £1,150,674, while £570,089 was sold, at an average rate that climbed $1.31 to $176.21. At the end of trading it took J$125.63 to purchase the Euro, 26 cents more than on Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$123.08 for a rise of 25 cents from Monday’s rate. Other currencies bought, amounted to the equivalent of US$879,276, while the equivalent of US$1,156,585, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 13 cents to $115.85. The lowest buying rate remained unchanged at $93.94. The highest selling rate rose 33 cents to $120.70 and the lowest selling rate jumped $19.03 to $112.80. FXHL 28-4-15The highest buying rate for the Canadian dollar climbed 50 cents to $96.20. The lowest buying rate was up 42 cents to $74.87, the highest selling rate gained $1.16 to $98.31 and the lowest selling rate rose 30 cents to $90.30. The highest buying rate for the British Pound, rose 95 cents to $177.20, the lowest buying rate fell 12 cents to $139.32, the highest selling rate climbed 51 cents to $180.27 with the lowest selling rate falling 15 cents to $167.85.

No end to J$ devaluation yet

FXtrading280x150 The slippage of the Jamaican dollar continued on Monday against all its main trading currencies. Purchases of all currencies by dealers on Monday amounted to US$47,599,698 equivalent, compared with US$28,651,795, on Friday and selling of the equivalent of US$45,306,652 versus sale of US$28,357,266, previously.
In US dollar trading, dealers bought US$40,204,355 compared to US$25,241,737 on Friday. The buying rate for the US dollar was up 4 cents to $114.81 and US$38,650,336 was sold versus US$26,240,617 on Friday, the selling rate rose 4 cents to end at $115.43. The Canadian dollar buying rate gained $2.24 to $94.70 with dealers buying C$4,871,468 and selling C$6,032,486, at an average rate that rose $1.12 to $95.93. FX sum 28-4-15The rate for buying the British Pound fell 61 cents to $171.08 for the purchase of £1,684,985, while £569,172 was sold, at an average rate that climbed $1.07 to $174.90. At the end of trading it took J$125.37 to purchase the Euro, 83 cents more than on Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$122.83 for a rise of 73 cents from Friday’s rate. Other currencies bought, amounted to the equivalent of US$866,764, while the equivalent of US$780,456, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 7 cents to $115.72. The lowest buying and the highest selling rates remained unchanged at $93.94 and $120.37 respectively. The lowest selling rate fell 17 cents to $93.77. FX HL 28-4-15The Canadian dollar fell 58 cents to $95.70. The lowest buying rate was unchanged at $74.45, the highest selling rate declined 65 cents to $97.15 and the lowest selling rate gained 25 cents to $90. The highest buying rate for the British Pound, rose $1.15 to $176.25, the lowest buying rate increased $2.32 to $139.44, the highest selling rate climbed $1.73 to $179.76 with the lowest selling rate climbing $2.80 to $168.