The Jamaican foreign exchange market closed on Wednesday with buying volume again exceeding selling by US$11 million. At the close of trading, the Jamaican dollar’s lost value versus the main currencies it normally trades with.
At the end of trading, the equivalent of all currencies bought by dealers amounted to US$44,066,825, while US$32,829,162 was sold, compared to US$53,538,216 purchased and US$39,425,182 sold on Tuesday.
In US dollar trading, dealers bought US$37,397,500 compared to US$50,287,877 on Tuesday. The buying rate for the US dollar rose 3 cents to close at $128.20. A total of US$28,637,721 was sold versus US$38,236,358 on Tuesday, with the selling rate rising 3 cents to end at $128.92. The Canadian dollar buying rate jumped $3.57 to $98.27, with dealers buying C$4,553,605 and selling C$4,076,108 at an average rate that rose $2.01 to $99.16. The average rate for buying the British Pound jumped $1.12 to $155.05 for the purchase of £1,528,215 while £344,279 was sold at a rate that rose $1.16 to end at $157.33.
At the end of trading on Wednesday, dealers sold €404,779 as the selling rate for the Euro, closed at $141.79 for gain of 13 cents, according to data from Bank of Jamaica. Dealers purchased €386,294 of the European common currency at $141.52 after climbing $6.53. The US dollar equivalent of other currencies traded, amounts to US$904,247 being bought and selling of US$190,700.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded currencies in the foreign exchange market on Wednesday, include a rise of $1.90 in the highest buying rate of the US Dollar to $129.95 and a gain of $20.50 in the lowest selling rate to end at $124.50. The lowest selling rate of the Canadian dollar climbed $2 to $95. The highest buying rate of the British Pound dropped $12.15 to $158.55, the lowest buying rate lost $9.13 to $126.99, the highest selling rate declined $12.66 to $164.46 and the lowest selling rate dived $9.80 to $151.20. Trading in the Euro resulted in a fall of $2.20 in the highest buying rate to $142.80, the lowest buying rate fell $1.45 to $113.71, the highest selling rate dropped $6.64 to $143.21 and the lowest selling rate jumped $22.47 to $137.

The Jamaican foreign exchange market closed on Tuesday, with buying volume US$14 million more than the amount sold by dealers. At the close of trading, the Jamaican dollar lost value against the US and the Canadian dollars, but gained against the Pound and the euro.
At the end of trading, the equivalent of all currencies bought by dealers amounted to US$53,538,216, while US$39,425,182 was sold, compared to US$27,764,103 purchased and US$19,940,807 sold on Friday.
In US dollar trading, dealers bought US$50,287,877 compared to US$24,043,908 on Friday. The buying rate for the US dollar rose 25 cents to close at $128.17. A total of US$38,236,358 was sold versus US$18,470,128 on Friday, with the selling rate rising 7 cents to end at $128.89. The Canadian dollar buying rate declined 76 cents to $94.70, with dealers buying C$1,701,622 and selling C$625,427 at an average rate that rose 6 cents to $97.15. The average rate for buying the British Pound dropped $1.33 to $153.93 for the purchase of £1,510,510 while £385,341 was sold at a rate that declined 28 cents to end at $156.17.
At the end of trading on Tuesday, dealers sold €167,167 as the selling rate for the Euro, closed at $141.66 for fall of 20 cents, according to data from Bank of Jamaica. Dealers purchased €152,917 of the European common currency at $134.99 after falling $1.99. The US dollar equivalent of other currencies traded, amounts to US$17,809 being bought and selling of US$66,759.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded currencies in the foreign exchange market on Tuesday, include a drop of $1.15 in the highest buying rate of the US Dollar to $128.05 and a dive of $20 in the lowest selling rate to end at $104. The highest buying rate of the Canadian dollar climbed $1.50 to $99.50 and the lowest selling rate rose $1.60 to $93. The highest buying rate of the British Pound jumped $13.30 to $170.70, the lowest buying rate climbed $9.13 to $136.12, the highest selling rate rose $11.88 to $177.12 and the lowest selling rate surged $10 to $161. Trading in the Euro resulted in a surge of $5.50 in the highest buying rate to $145 and the lowest selling rate dropped $21.47 to $114.53.

The Jamaican foreign exchange market closed on Friday with buying volume US$8 million more than the amount sold by dealers. At the close of trading, the Jamaican dollar’s lost value against the US dollar, the Pound and the Canadian dollar but gained against the euro.
At the end of trading, the equivalent of all currencies bought by dealers amounted to US$27,764,103, while US$19,940,807 was sold, compared to US$46,893,091 purchased and US$44,516,844 sold on Thursday.
In US dollar trading, dealers bought US$24,043,908 compared to US$44,920,559 on Thursday. The buying rate for the US dollar fell by 38 cents to close at $127.92. A total of US$18,470,128 was sold versus US$43,323,564 on Thursday, with the selling rate rising 9 cents to end at $128.82. The Canadian dollar buying rate rose $1.50 to $95.46, with dealers buying C$1,709,934 and selling C$598,085 at an average rate that rose 46 cents to $97.09. The average rate for buying the British Pound gained 92 cents to $155.26 for the purchase of £1,896,234 while £745,879 was sold at a rate that rose 1 cent to end at $156.45.
At the end of trading on Friday, dealers sold €89,708 as the selling rate for the Euro, closed at $141.86 for fall of $1.09, according to data from Bank of Jamaica. Dealers purchased €120,458 of the European common currency at $136.98 after gaining 36 cents. The US dollar equivalent of other currencies traded, amounts to US$13,466 being bought and selling of US$15,296.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded currencies in the foreign exchange market on Friday, include a drop of $20.26 in the lowest selling rate of the US Dollar to end at $104.54. The lowest selling rate of the Canadian dollar fell $1.20 to $93. The highest buying rate of the British Pound dropped $2.13 to $157.35, the lowest buying rate climbed $1.03 to $127.61, the highest selling rate rose 83 cents to $166.05 and the lowest selling rate dipped $2.20 to $150. Trading in the Euro resulted in a fall of $1.60 in the highest buying rate to $140, the highest selling rate climbed $3.54 to $149.04 and the lowest selling rate climbed $2 to $138.

The Jamaican foreign exchange market closed on Thursday with buying volume US$2 million more than the amount sold by dealers. At the close of trading, the Jamaican dollar’s lost value against the US dollar and the euro but gained against the Pound and the Canadian currencies.
At the end of trading, the equivalent of all currencies bought by dealers amounted to US$46,893,091, while US$44,516,844 was sold, compared to US$32,082,105 purchased and US$32,451,077 sold on Wednesday.
In US dollar trading, dealers bought US$44,920,559 compared to US$29,052,296 on Wednesday. The buying rate for the US dollar rose by 38 cents to close at $128.30. A total of US$43,323,564 was sold versus US$26,777,442 on Wednesday, with the selling rate rising 11 cents to end at $128.73. The Canadian dollar buying rate rose 9 cents to $93.96, with dealers buying C$637,654 and selling C$421,345 at an average rate that fell 75 cents to $96.63. The average rate for buying the British Pound declined 70 cents to $154.34 for the purchase of £1,185,165 while £627,369 was sold at a rate that dipped 48 cents to end at $156.44.
At the end of trading on Thursday, dealers sold €97,738 as the selling rate for the Euro, closed at $142.95 for gain of 85 cents, according to data from Bank of Jamaica. Dealers purchased €57,659 of the European common currency at $136.62 after falling $4.20. The US dollar equivalent of other currencies traded, amounts to US$18,329 being bought and selling of US$6,042.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded currencies in the foreign exchange market on Thursday, include a drop of $20.26 in the lowest selling rate of the US Dollar to end at $104.54. The lowest selling rate of the Canadian dollar fell $1.20 to $93. The highest buying rate of the British Pound dropped $2.13 to $157.35, the lowest buying rate climbed $1.03 to $127.61, the highest selling rate rose 83 cents to $166.05 and the lowest selling rate dipped $2.20 to $150. Trading in the Euro resulted in a fall of $1.60 in the highest buying rate to $140, the highest selling rate climbed $3.54 to $149.04 and the lowest selling rate climbed $2 to $138.

The Jamaican foreign exchange market closed on Wednesday with buying and selling volume almost equal but with C$3.7 million more sold than purchased by dealers. At the close of trading, the Jamaican dollar’s selling rate, lost value against the US dollar but gained against the others.
At the end of trading, the equivalent of all currencies bought by dealers amounted to US$32,082,105, while US$32,451,077 was sold, compared to US$38,210,042 purchased and US$43,422,027 sold on Tuesday.
In US dollar trading, dealers bought US$29,052,296 compared to US$32,905,929 on Tuesday. The buying rate for the US dollar rose by 17 cents to close at $127.92. A total of US$26,777,442 was sold versus US$29,180,000 on Tuesday, with the selling rate rising 10 cents to end at $128.62. The Canadian dollar buying rate dropped $2.68 to $93.87, with dealers buying C$942,312 and selling C$4,671,860 at an average rate that fell 96 cents to $97.38. The average rate for buying the British Pound declined $1.22 to $155.04 for the purchase of £1,516,501 while £1,240,817 was sold at a rate that dipped 23 cents to end at $156.92.
At the end of trading, dealers sold €547,389 as the selling rate for the Euro, closed at $142.10 for fall of 98 cents from Tuesday’s rate, according to data from Bank of Jamaica. Dealers purchased €440,823 of the European common currency at $140.82 after falling $1.47 from the rate on Tuesday. The US dollar equivalent of other currencies traded, amounts to US$15,047 being bought and selling of US$18,052.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded currencies in the foreign exchange market on Wednesday, include a rise of $20.26 in the lowest selling rate of the US Dollar to end at $124.80. The highest buying rate of the British Pound dropped $1.79 to $159.48, the lowest buying rate dived $1.24 to $126.58, the highest selling rate slipped $1.10 to $165.22 and the lowest selling rate dipped $1.30 to $152.20. Trading in the Euro resulted in a fall of $1.40 in the highest buying rate to $141.60, the highest selling rate climbed $1.10 to $145.50 and the lowest selling rate dropped $2 to $136.

The Jamaican foreign exchange market had a rare day in recent times of net outflows of all currencies on Tuesday, with a deficit of $5 million, as outflows of Canadian dollars ran at the equivalent of US$13.8 million while just US$2.4 million entered the market. Trading volume in the overall market picked up from the low levels on Monday.
At the close of trading, the Jamaican dollar’s selling rate, gained value against the British Pound and the euro but fell against the US and Canadian dollar.
At the end of trading, the equivalent of all currencies bought by dealers amounted to US$38,210,042, while US$43,422,027 was sold compared to only US$19,607,620 purchased and US$14,261,893 sold on Monday.
In US dollar trading, dealers bought US$32,905,929 compared to US$16,934,844 on Monday. The buying rate for the US dollar rose by 81 cents to close at $127.75. A total of US$29,180,000 was sold versus US$13,040,458 on Monday, with the selling rate rising 7 cents to end at $128.52. The Canadian dollar buying rate jumped $3.20 to $96.55, with dealers buying C$3,182,145 and selling an unusually large amount of C$18,031,744 at an average rate that climbed $1.11 to $98.34. The average rate for buying the British Pound climbed $2.89 to $157.15 for the purchase of £1,831,649 while £269,462 was sold at a rate that dipped $1.05 to end at $157.15.
At the end of trading, dealers sold €96,396 as the selling rate for the Euro, closed at $143.08 for fall of $1.52 from Monday’s rate, according to data from Bank of Jamaica. Dealers purchased €579,882 of the European common currency at $142.29 after rising $2.89 from the rate on Monday. The US dollar equivalent of other currencies traded, amounts to US$19,110 being bought and selling of US$13,978.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded currencies in the foreign exchange market on Tuesday, include a rise of $1.09 in the highest buying rate of the US Dollar to end at $129. The highest selling rate of the Canadian dollar fell $1.08 to $100.98. The highest buying rate of the British Pound dropped $10.13 to $160.27, the lowest buying rate dived $8.72 to $127.82, the highest selling rate dived $11.34 to $166.32 and the lowest selling rate sank $8.50 to $153.50. Trading in the Euro resulted in a fall of $2 in the highest buying rate to $143, the highest selling rate dropped $5.45 to $144.40 and the lowest selling rate surged $23.47 to $138.

The Jamaican foreign exchange market enjoyed another day of net intake of all currencies on Monday with a surplus of $5 million as trading volume declined sharply from recent levels. At the close of trading, the Jamaican dollar’s selling rate, slipped against the US dollar but gained value against the other three currencies.
At the end of trading, the equivalent of all currencies bought by dealers amounted to US$19,607,620, while US$14,261,893 was sold compared to US$44,607,197 purchased and US$33,628,271 sold on Friday.
In US dollar trading, dealers bought US$16,934,844 compared to US$39,865,665 on Friday. The buying rate for the US dollar fell 87 cents to close at $126.94. A total of US$13,040,458 was sold versus US$31,296,438 on Friday, with the selling rate rising 8 cents to end at $128.45. The Canadian dollar buying rate dropped $2.45 to $93.35, with dealers buying C$1,243,715 and selling C$618,117 at an average rate that fell $1.17 to $96.21. The average rate for buying the British Pound fell $4.34 to $155.15 for the purchase of £1,244,437 while £435,740 was sold at a rate that dipped $3.43 to end at $158.20.
At the end of trading, dealers sold €184,625 as the selling rate for the Euro, closed at $144.60 for fall of 37 cents from Friday’s rate, according to data from Bank of Jamaica. Dealers purchased €198,567 of the European common currency at $139.40 after falling $2.86 from the rate on Friday. The US dollar equivalent of other currencies traded, amounts to US$19,110 being bought and selling of US$13,978.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded currencies in the foreign exchange market on Monday, include a drop of $21.13 in the lowest selling rate of the US Dollar to end at $103.87. The highest buying rate of the Canadian dollar rose 90 cents to $98.70, while the highest selling rate climbed $1.06 to $102.06. The highest buying rate of the British Pound jumped $7.55 to $170.40, the lowest buying rate climbed $6.23 to $136.54, the highest selling rate leapt $8.10 to $177.66 and the lowest selling rate surged $6.50 to $162. Trading in the Euro resulted in a rise in the highest buying rate of $2.20 to $145 and the lowest selling rate dived $20.87 to $114.53.

The Jamaican foreign exchange market delivered another big net take with US$11 million net intake for all currencies with the united States dollar delivering a surplus of $8.5 million. The increase net inflows did not prevent the Jamaican dollar from falling as the rate to purchase the US dollar increased.
Friday’s net inflows brought the excess for the week to US$41 million, with each day of the week generating surpluses. At the end of trading, the equivalent of all currencies bought by dealers amounted to US$44,607,197, while US$33,628,271 was sold compared to US$25,142,251 purchased and US$21,013,454 sold on Thursday.
In US dollar trading, dealers bought US$39,865,665 compared to US$21,513,397 on Thursday. The buying rate for the US dollar climbed 35 cents to close at $127.81. A total of US$31,296,438 was sold versus US$18,393,384 on Thursday, with the selling rate rising 9 cents to end at $128.37. The Canadian dollar buying rate fell $1.03 to $95.80, with dealers buying C$1,797,979 and selling C$1,566,519 at an average rate that fell 17 cents to $97.38. The average rate for buying the British Pound fell 26 cents to $159.48 for the purchase of £1,948,854 while £760,078 was sold at a rate that dipped $1.56 to end at $161.63.
At the end of trading, dealers sold €162,090 as the selling rate for the Euro, closed at $144.97 for fall of $2.12 from Thursday’s rate, according to data from Bank of Jamaica. Dealers purchased €856,872 of the European common currency at $142.26 after rising $2.61 from the rate on Thursday. The US dollar equivalent of other currencies traded, amounts to US$8,518 being bought and selling of US$3,345.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded currencies in the foreign exchange market on Friday, include a jump of $21.08 in the lowest selling rate of the US Dollar to end at $125. The highest buying rate of the Canadian dollar dropped $2.70 to $97.80, while the highest selling rate dived $3.70 to $101 and the lowest selling rate rose $1 to $93. The highest buying rate of the British Pound nosedived $7.80 to $162.85, the lowest buying rate dropped $4.40 to $130.31, the highest selling rate collapsed by $5.72 to $169.56 and the lowest selling rate dived $5 to $155.50. Trading in the Euro resulted in a fall in the highest buying rate of $2.20 to $142.80 and the lowest selling rate jumped $20.87 to $135.40.