Inflows of foreign currencies into the system on Friday increased sharply over that on Thursday but the Jamaican dollar continued to lose ground against the US and Canadian dollars and the Pound sterling. At the close of trading, the equivalent of US$44,956,234 was bought by dealers, compared with US$28,233,428 on Thursday, while they sold the equivalent of US$47,742,798 versus US$39,641,899 on the previous trading day.
In US dollar trading , dealers bought US$40,384,483 compared to US$25,490,364 on Thursday. The buying rate for the US dollar rose 14 cents to $119.32 and US$45,772,236 was sold versus US$37,287,671 on Thursday, the selling rate rose 9 cents to end at $119.83. 
The Canadian dollar buying rate climbed 52 cents to end at $89.15, with dealers buying C$1,678,847 and selling C$1,291,495, at an average rate that rose 6 cents to $90.58. The rate for buying the British Pound jumped $3.19 to $181.91 for the purchase of £2,019,573, while £579,503 was sold, at an average rate that climbed 71 cents to $182.58. At the end of trading, it took J$131.24 to purchase the Euro, a fall of $1.22 from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.66 for a gain of $1.11 from Thursday’s rate. The US dollar equivalent of other currencies traded, amounts to US$238,281 being bought, while US$111,375 was sold.
Highs & Lows| On Friday, the highest buying rate for the US dollar, was unchanged at $120, the lowest buying rate rose 8 cents to $98.36, the highest selling rate lost $1.66 to end at $124.28 and lowest selling rate dropped $2.23 to end at $98.37.
The highest buying rate for the Canadian dollar climbed 50 cents to $92, the lowest buying rate rose 4 cents to end at $72, the highest selling rate fell $1.10 to end at $93.20 and the lowest selling rate climbed 50 cents to $86.50. The highest buying rate for the British Pound, climbed $1.40 to end at $184.60. The lowest buying rate fell 42 cents to $146.66 the highest selling rate slipped $1.87 to $187.73 and the lowest selling rate remained unchanged at $177.
Jam$ falls again on Friday
Jam $ lost value all round Wednesday
The local currency lost value against the US dollar, the Pound sterling and Canadian dollar on Wednesday. At the close of trading, the equivalent of US$34,040,455 was bought by dealers, compared with US$32,817,588 on Tuesday, while they sold the equivalent of US$41,709,262 versus US$40,013,573 on the previous trading day.
In US dollar trading , dealers bought US$31,509,182 compared to US$29,941,222 on Tuesday. The buying rate for the US dollar fell 10 cents to $119.06 and US$40,398,527 was sold versus US$38,224,150 on Tuesday, the selling rate rose 7 cents to end at $119.71. 
The Canadian dollar buying rate fell 19 cents to end at $87.32, with dealers buying C$862,611 and selling C$599,125, at an average rate that rose 4 cents to $89.64. The rate for buying the British Pound increased by 45 cents to $180.70 for the purchase of £1,197,625, while £513,151 was sold, at an average rate that climbed 18 cents to $181.72. At the end of trading, it took J$132.20 to purchase the Euro, a rise of 2 cents from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.69 for a gain of 13 cents from Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$81,011 being bought, while US$83,138 was sold.
Highs & Lows| On Wednesday, the highest buying rate for the US dollar, the lowest buying and the highest selling rates remained unchanged at $119.90, $98.28 and $125.94 respectively and lowest selling rate fell $3.89 to end at $98.28. 
The highest buying rate for the Canadian dollar climbed 85 cents to $91.10, the lowest buying rate dropped 25 cents to $71.96, the highest selling rate rose $1.30 to end at $94.39 and the lowest selling rate dipped 50 cents, to $84. The highest buying rate for the British Pound, climbed 20 cents to end at $183.35. The lowest buying rate fell 42 cents to $147.49, the highest selling rate fell $2.99 to $187.47 and the lowest selling rate rose $1.80 to end at $175.
Jamaican $ steady vs US$ on Tuesday
The local currency again enjoyed another day of stability against the US dollar as it also made gains against the Pound sterling and Canadian dollar on Tuesday but unlike Monday when demand was less than supply on Tuesday demand was US$7 million more than supply. At the close of trading the equivalent of US$32,817,588 was bought by dealers, compared with US$42,229,067 on Monday, while they sold the equivalent of US$40,013,573 versus US$35,350,940 on the previous trading day.
In US dollar trading , dealers bought US$29,941,222 compared to US$38,757,520 on Monday. The buying rate for the US dollar gained 11 cents to $119.16 and US$38,224,150 was sold versus US$31,681,821 on Monday, the selling rate was unchanged at $119.64. 
The Canadian dollar buying rate rose 9 cents to end at $87.51, with dealers buying C$1,007,988 and selling C$776,956, at an average rate that declined by $2.33 to $89.60. The rate for buying the British Pound declined 12 cents to $180.25 for the purchase of £1,233,583, while £719,828 was sold, at an average rate that dropped 34 cents to $181.54. At the end of trading, it took J$132.18 to purchase the Euro, a rise of 14 cents from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.56 for a fall of 5 cents from Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$270,082 being bought, while US$115,300 was sold. Highs & Lows| On Tuesday, the highest buying rate for the US dollar ended with a fall of 10 cents, to $119.90, the lowest buying and the highest 
selling rates remained unchanged at $98.28 and $125.94 respectively and lowest selling rate climbed $3.89 to end at $102.17. The highest buying rate for the Canadian dollar dropped 15 cents to $90.25, the lowest buying rate was unchanged at $72.21, the highest selling rate lost 41 cents to end at $93.09 and the lowest selling rate gained 50 cents, to $84.50. The highest buying rate for the British Pound, dropped 20 cents to end at $183.15. The lowest buying rate rose 17 cents to $147.91, the highest selling rate remained at $190.46 and the lowest selling rate fell $4 to end at $173.20.
Jamaican $ gains against all on Monday
With Bank of Jamaica having sold funds into foreign currency market twice last week, resulting in a moderate revaluation of the Jamaican dollar on the Friday, the local currency again had another day of revaluation on Monday as demand was less than supply. The equivalent of US$42,229,067 was bought by dealers on Monday, compared with US$47,260,818 on Friday, while they sold the equivalent of US$35,350,940 versus US$40,548,955 previously.
In US dollar trading , dealers bought US$38,757,520 compared to US$43,192,155 on Friday. The buying rate for the US dollar lost 22 cents to $119.05 and US$31,681,821 was sold versus US$37,422,844 on Friday, the selling rate fell 4 cents to end at $119.64. The Canadian dollar buying rate dropped $1.58 to end at $87.42, with dealers buying C$1,506,877 and selling C$3,632,689, at an average rate that declined by 29 cents to $91.93. 
The rate for buying the British Pound declined 99 cents to $180.37 for the purchase of £1,463,083, while £505,871 was sold, at an average rate that dropped 54 cents to $181.88. At the end of trading, it took J$132.04 to purchase the Euro, a drop of $1.53 from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.62 for a fall of $1.57 on Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$148,513 being bought, while US$108,653 was sold. Highs & Lows| On Monday, the highest buying rate for the US dollar ended with a rise of 10 cents, to $120 with the other rates remaining unchanged at $98.28 for the lowest buying rate ending, the highest selling rate at $125.94 and lowest selling rate at $98.28.
The highest buying rate for the Canadian dollar dropped $3.10 to $90.40, the lowest buying rate declined by 33 cents to end at $72.21, the highest selling rate lost $1 to end at $93.50 and the lowest selling rate fell $2.10 to $84. The highest buying rate for the British Pound, dropped 55 cents to end at $183.35. The lowest buying rate fell 83 cents to $147.74, the highest selling rate rose $1.61 to $190.46 and the lowest selling rate climbed 70 cents to end at $177.20.
Jamaican $ makes gains on Friday
Trading of foreign currency in the forex market on Friday, saw the US dollar selling rate remaining unchanged against the Jamaican dollar, but the local currency made gains on the Pound and Canadian dollar. The equivalent of US$47,260,818 was bought by dealers, compared with US$62,949,698 on Thursday, while they sold the equivalent of US$40,548,955 versus US$55,331,440 previously.
In US dollar trading , dealers bought US$43,192,155 compared to US$59,788,012 on Thursday. The buying rate for the US dollar lost 7 cents to $119.27 and US$37,422,844 was sold versus US$52,478,263 on Thursday, the selling rate remained at $119.68. The Canadian dollar buying rate rose 61 cents to end at $89 with dealers buying C$1,865,483 and selling C$3,069,975, at an average rate that declined by 10 cents to $92.22. 
The rate for buying the British Pound rose 33 cents to $181.36 for the purchase of £1,685,610, while £386,306 was sold, at an average rate that dropped $1.95 to $182.42. At the end of trading, it took J$133.57 to purchase the Euro, a drop of $2.29 from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$131.19 for a fall of $2.07 on Thursday’s rate. The US dollar equivalent of other currencies traded, amounts to US$113,653 being bought, while US$171,724 was sold.
Highs & Lows| The Canadian highest buying rate was the only one rising on Friday as the highest buying rate for the US dollar ended with a fall of 10 cents to $119.90 with the other rates remaining unchanged, with the lowest buying rate ending at $98.28, 
the highest selling rate at $125.94 and lowest selling rate at $98.28. The highest buying rate for the Canadian dollar rose $1.05 to $93.50, the lowest buying rate declined by $1 to end at $72.54, the highest selling rate lost 30 cents to end at $94.50 and the lowest selling rate fell $1.20 to end at $86.10. The highest buying rate for the British Pound, dropped $1.10 to end at $183.90. The lowest buying rate fell 17 cents to $148.57, the highest selling rate dropped 21 cents to $188.85 and the lowest selling rate fell 50 cents to end at $176.50.
Jam$ slips against all on Thursday
Trading of foreign currency in the forex market on Thursday, saw the US dollar selling rate gaining ground against the Jamaican dollar, the pound and Canadian dollar versus the local currency. The equivalent of US$62,949,698 was bought by dealers, compared with US$38,513,726 on Wednesday, while they sold the equivalent of US$55,331,440 versus US$43,034,863 previously.
In US dollar trading , dealers bought US$59,788,012 compared to US$35,208,960 on Wednesday. The buying rate for the US dollar rose 20 cents to $119.34 and US$52,478,263 was sold versus US$41,144,885 on Wednesday, the selling rate gained 2 cents to $119.68.
The Canadian dollar buying rate fell 44 cents to end at $88.39 with dealers buying C$1,464,400 and selling C$2,039,783, at an average rate that climbed $1.78 cents to $92.32. The rate for buying the British Pound slipped $1.12 to $181.03 for the purchase of £1,239,252, while £751,569 was sold, at an average rate that rose 82 cents to $184.37. At the end of trading, it took J$135.86 to purchase the Euro, with a rise of 24 cents from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.25 for an increase of 29 cents on Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$197,184 being bought, while US$121,941 was sold.
Highs & Lows| The highest buying rate for the US dollar ended with a fall of $1 to $120, but the lowest buying rate ended 8 cents higher at $98.28, 
highest selling rate advanced 11 cents to $125.94 and lowest selling rate rose 9 cents to $98.28. The highest buying rate for the Canadian dollar rose 65 cents to $92.45, the lowest buying rate declined by 12 cents to end at $73.54, the highest selling rate lost 16 cents to end at $94.80 and the lowest selling rate lost 40 cents to end at $87.30. The highest buying rate for the British Pound, gained 15 cents to end at $185. The lowest buying rate fell 16 cents to $148.74, the highest selling rate dropped $2.90 to $189.06 and the lowest selling rate fell 50 cents to end at $177.
Jamaica dollar rose vs US on Tuesday
Trading of foreign currency into the forex market on Tuesday, had the US dollar selling rate ground falling against the Jamaican dollar and the pound and Canadian dollar rising versus the local currency. The equivalent of US$48,785,985 was bought by dealers, compared with US$28,906,392 on Friday, while they sold the equivalent of US$39,217,475 versus US$23,735,150 previously.
In US dollar trading , dealers bought US$45,101,656 compared to US$25,241,490 on Friday. The buying rate for the US dollar rose 6 cents to $119 and US$36,870,724 was sold versus US$22,798,959 on Friday, the selling rate fell 2 cents to $119.57. 
The Canadian dollar buying rate declined 57 cents to end at $89.73 with dealers buying C$1,388,271 and selling C$1,587,771, at an average rate that rose 54 cents to $92.80. The rate for buying the British Pound fell 21 cents to $181.44 for the purchase of £1,644,669, while £660,786 was sold, at an average rate that gained $2.20 to $183.70. At the end of trading, it took J$136.06 to purchase the Euro, with a fall of 12 cents from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.29 for a fall of 53 cents on Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$141,716 being bought, while US$99,228 was sold.
Highs & Lows| The highest buying and highest selling rates for the US dollar ended unchanged at $119.90 and $125.78 respectively, but the lowest buying rate ended 4 cents higher at $98.15 and lowest selling rate jumped sharply by $9.20 to $98.15.
The highest buying rate for the Canadian dollar fell 84 cents to $92.90, the lowest buying rate remained at $73.75, the highest selling rate added 24 cents to end at $95.07 and the lowest selling rate dropped 90 cents to $87.10. The highest buying rate for the British Pound, climbed $2 to end at $186.50. The lowest buying rate was unchanged at $148.74, the highest selling rate rose $2.68 to $191.74 and the lowest selling rate closed $1 higher to end at $177.50.
Forex trading volumes fall back – Friday
Inflows of foreign currency into the forex market fell to normal at this time of the year on Friday, but the Jamaican dollar held ground against the US dollar and gained versus the pound. The equivalent of US$28,906,392 was bought by dealers, compared with US$63,879,976 on Thursday, while they sold the equivalent of US$23,735,150 versus US$60,651,066 previously.
In US dollar trading , dealers bought US$25,241,490 compared to US$61,389,986 on Thursday. The buying rate for the US dollar fell 37 cents to $118.94 and US$22,798,959 was sold versus US$58,673,239 on Thursday, the selling rate remained unchanged at $119.59.
The Canadian dollar buying rate rose 3 cents to end at $89.30 with dealers buying C$923,140 and selling C$599,587, at an average rate that rose 26 cents to $92.26. The rate for buying the British Pound climbed 67 cents to $181.65 for the purchase of £1,856,083, while £251,805 was sold, at an average rate that declined $2.20 to $181.50. At the end of trading, it took J$136.18 to purchase the Euro, with a fall of 55 cents from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.82 for a fall of 5 cents on Thursday’s rate. The US dollar equivalent of other currencies traded, amounts to US$137,268 being bought, while US91,463 was sold.
Highs & Lows| The highest and lowest buying rates for the US dollar ended unchanged at $119.90 and $98.11 respectively, but the highest selling rate ended 6 cents higher at $125.78 and lowest selling rate dropped sharply by $9.17 to $88.95. 
The highest buying rate for the Canadian dollar rose 24 cents to $93.74, the lowest buying rate climbed 96 cents to $73.75, the highest selling rate added 22 cents to end at $94.83 and the lowest selling rate jumped 50 cents to $88. The highest buying rate for the British Pound, declined 35 cents to end at $184.50. The lowest buying rate rose 42 cents to $148.74, the highest selling rate rose 12 cents to $189.06 and the lowest selling rate closed $2.32 higher to end at $176.50.
Trading volumes jump Thursday
Inflows of foreign currency into the forex market jumped sharply on Thursday, but the Jamaican dollar lost ground against the three major currencies it trades against and led to the equivalent of US$63,879,976 being bought by dealers, compared with US$28,123,813 on Wednesday, while they sold the equivalent of US$60,651,066 versus US$32,663,359 previously.
In US dollar trading , dealers bought US$61,389,986 compared to US$23,950,737 on Wednesday. The buying rate for the US dollar gained 47 cents to $119.31 and US$58,673,239 was sold versus US$31,446,646 on Wednesday, the selling rate gained 3 cents to end at $119.59. The Canadian dollar buying rate fell 83 cents to end at $89.27 with dealers buying C$950,168 and selling C$654,115, at an average rate that rose 76 cents to $92. 
The rate for buying the British Pound declined 43 cents to $180.98 for the purchase of £1,053,245, while £747,541 was sold, at an average rate that climbed $1.07 to $183.70. At the end of trading, it took J$136.73 to purchase the Euro, with a rise of 85 cents on Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.87 for a rise of 61 cents on Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$181,485 being bought, while US$326,383 was sold.
Highs & Lows| The highest buying rate for the US dollar added 10 cents on Thursday to end at $119.90, the lowest buying and lowest selling rates remained unchanged at $98.11 and $98.12 respectively, 
the highest selling rate ended 33 cents lower at $125.72. The highest buying and the lowest buying rates for the Canadian dollar were unchanged at $93.50 and $72.79, respectively while the highest selling rate added 26 cents to end at $94.61 and the lowest selling rate jumped $1.50 to $86. The highest buying rate for the British Pound, declined 5 cents to end at $184.85. The lowest buying rate rose 87 cents to $148.32, the highest selling rate declined 24 cents to $188.94 and the lowest selling rate closed down $1.82 to end at $174.18.
J$ held ground on Tuesday
The Jamaica dollar held ground against the US dollar on Tuesday with the equivalent of US$39,633,518 being bought by dealers, compared with US$54,993,668 on Monday, while they sold the equivalent of US$28,821,789 versus US$59,279,907 previously.
In US dollar trading , dealers bought US$37,263,331 compared to US$49,143,690 on Monday. The buying rate for the US dollar fell 10 cents to $118.96 and US$26,530,020 was sold versus US$56,411,806 on Monday, the selling rate remained at $119.47. 
The Canadian dollar buying rate slipped 47 cents to end at $88.59, with dealers buying C$679,495 and selling C$1,238,320, at an average rate that rose 49 cents to $91.91. The rate for buying the British Pound declined 29 cents to $179.95 for the purchase of £1,170,633, while £622,411 was sold, at an average rate that fell $1.05 to $181.55. At the end of trading, it took J$135.86 to purchase the Euro, with a rise of $27 from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.37 for a gain of 30 cents on Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$93,293 being bought, while US$393,340 was sold.
Highs & Lows| The highest buying rate for the US dollar added 5 cents on Tuesday to end at $119.75, the lowest buying rate ended unchanged at $97.95, 
the highest selling gained 43 cents to close at $126.05 and the lowest selling rate climbed $1.94 to end at $99.88. The highest buying rate for the Canadian dollar rose 30 cents to $92, the lowest buying rate rose 42 cents to be at $73.46, the highest selling rate gained $1.47 to end at $95.80 and the lowest selling rate fell $2 to $86. The highest buying rate for the British Pound, rose $2 to end at $185.20. The lowest buying rate climbed 63 cents to $147.91, the highest selling rate dropped $1.87 to $188 and the lowest selling rate lost 30 cents to close at $176.