J$ slips against majors on Friday

GhanaMoney280x150 The Jamaican dollar lost value against the three main intervention currencies on Friday. Purchases of all currencies by dealers amounted to US$35,210,782 equivalent, compared with US$28,578,146, on Thursday and selling of the equivalent of US$32,443,841 versus sale of US$32,418,021, previously.
In US dollar trading, dealers bought US$31,821,155 compared to US$25,616,117 on Thursday. The buying rate for the US dollar added 15 cents to $114.67 and US$31,225,597was sold versus US$30,649,770 on Thursday, the selling rate rose 5 cents to end at $115.14. FX sum 17-4-15The Canadian dollar buying rate moved up by $1.53 to $92.27 with dealers buying C$1,129,211 and selling C$434,316, at an average rate that climbed 86 cents to $93.72. The rate for buying the British Pound rose 23 cents to $169.62 for the purchase of £1,162,803, while £437,343 was sold, at an average rate that rose 76 cents to $171.69. At the end of trading it took J$123.14 to purchase the Euro, $1.09 more than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$120.68 for a increase of $1.13 on Thursday’s rate. Other currencies bought, amounted to the equivalent of US$761,070, while the equivalent of US$212,529, was sold.
FX HL 17-4-15Highs & Lows| The highest buying rate for the US dollar, rose 12 cents to $115.30. The lowest buying rate increased by 8 cents to $93.77, the highest selling rate gained 11 cents to $120.16, but the lowest selling rate dropped $1.77 to $93.77. The highest buying rate for the Canadian dollar fell 20 cents to $94. The lowest buying rate stayed at $72.54, but the highest selling rate rose 34 cents to $96.51 with the lowest selling rate rising $1.10 to $88.50. The highest buying rate for the British Pound,climbed 40 cents to $172.10, the lowest buying rate rose 8 cents to $135.27, but the highest selling rate fell $1 to $174.35 with the lowest selling rate jumping $2.20 to $165.30.

J$ slips against majors on Thursday

GhanaMoney280x150 The Jamaican dollar lost value against the three main intervention currencies on Thursday. Purchases of all currencies by dealers amounted to US$28,578,146 equivalent, compared with US$30,033,164, on Wednesday and selling of the equivalent of US$32,418,021 versus sale of US$35,002,312, on the previous trading day.
In US dollar trading, dealers bought US$25,616,117 compared to US$27,405,533 on Wednesday. The buying rate for the US dollar added 11 cents to $114.52 and US$30,649,770 was sold versus US$33,460,121 on Wednesday, the selling rate rose 5 cents to end at $115.09. The Canadian dollar buying rate inched up by $1.07 to $90.74 with dealers buying C$1,002,394 and selling C$630,091, at an average rate that climbed 70 cents to $92.86. FXsum 16-4-15The rate for buying the British Pound climbed $1.35 to $169.39 for the purchase of £1,407,386, while £778,304 was sold, at an average rate that rose $1.36 to $170.93. At the end of trading it took J$122.09 to purchase the Euro, 94 cents less than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$119.58 for a decline of $1.12 from Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$85,928, while the equivalent of US$103,947, was sold.
Highs & Lows| The highest buying rate for the US dollar, fell 2 cents to $115.18. The lowest buying and the highest selling rates remained unchanged at $93.69 and $120.05, respectively, but the lowest selling rate dropped $16.46 to $95.54. FXHL 16-4-15The highest buying rate for the Canadian dollar is up $1.50 to $94.20. The lowest buying rate inched up 54 cents $72.54, but the highest selling rate rose $1.65 to $96.17 with the lowest selling rate falling $1.60 to $87.40. The highest buying rate for the British Pound,fell $1.45 to $171.70, the lowest buying rate rose 81 cents to $135.19, but the highest selling rate fell 15 cents to $175.35 and the lowest selling rate dropped $2.90 to $163.10.

J$115.04 for one US$ on Wednesday

Image courtesy of Marcus/FreeDigitalPhotos.net

Image courtesy of Marcus/FreeDigitalPhotos.net

The Jamaican dollar selling rate remained slightly above the J$115 mark to the US dollar on Wednesday. The local currency lost more value against the Canadian dollar and the British pound, than the day before.
Purchases of all currencies by dealers amounted to US$30,033,164 equivalent, compared with US$42,707,331, on Tuesday and selling of the equivalent of US$35,002,312 versus sale of US$43,780,983, on the previous trading day, still leaving a surplus of $5 million between sales and purchases for the week to date. In US dollar trading, dealers bought US$27,405,533 compared to US$37,573,862 on Tuesday. The buying rate for the US dollar fell 15 cents to $114.41 and US$33,460,121 was sold versus US$40,598,025 on Tuesday, the selling rate rose 3 cents to end at $115.04.FX sum 15-4-15
The Canadian dollar buying rate inched up by 11 cents to $89.67 with dealers buying C$862,182 and selling C$ 834,391, at an average rate that climbed 68 cents to $92.16. The rate for buying the British Pound fell 4 cents to $168.04 for the purchase of £1,228,750, while £481,711 was sold, at an average rate that rose 6 cents to $169.57. At the end of trading it took J$122.99 to purchase the Euro, $1.42 more than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$120.68 for a rise of $1.46 from Tuesday’s rate. Other currencies bought, amounted to the equivalent of US$147,112, while the equivalent of US$163,704, was sold.
FXHL 15-4-15Highs & Lows| The highest buying rate for the US dollar, fell 40 cents to $115.20. The lowest buying rate rose $5.84 to $93.69 and the highest selling rate remained unchanged at $120.05, but the lowest selling rate rose $16.46 to $112. The highest buying rate for the Canadian dollar is up 50 cents to $92.70. The lowest buying rate inched up 16 cents $72, but the highest selling rate rose 15 cents to $94.52 with the lowest selling rate rising $2.45 to $89. The highest buying rate for the British Pound, rose 99 cents to $173.15, the lowest buying rate stayed at $134.38, but the highest selling rate climbed $2.13 to $175.50 and the lowest selling rate jumped $4.10 to $166.

J$115 for each US$ on Tuesday

US$Sheet280x150px The Jamaican dollar selling rate was back slightly above 115 to the US dollar on Tuesday, but the local currency lost more value against the Canadian dollar and the British pound. Purchases of all currencies by dealers amounted to US$42,707,331 equivalent, compared with US$52,169,763, on Monday and selling of the equivalent of US$43,780,983 versus sale of US$39,781,633, on the previous trading day.
In US dollar trading, dealers bought US$37,573,862 compared to US$47,538,451 on Monday. The buying rate for the US dollar climbed 8 cents to $114.56 and US$40,598,025 was sold versus US$37,352,160 on Monday, the selling rate rose 2 cents to end at $115.01. The Canadian dollar buying rate inched up by 48 cents to $89.56 with dealers buying C$1,264,277 and selling C$940,755, at an average rate that climbed 26 cents to $91.49.FX sum 14-4-15
The rate for buying the British Pound gained $1.65 to $168.08 for the purchase of £2,682,890, while £1,398,161 was sold, at an average rate that jumped $1.10 to $169.51. At the end of trading it took J$121.57 to purchase the Euro, 70 cents less than on Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$119.22 for a fall of 58 cents from Monday’s rate. Other currencies bought, amounted to the equivalent of US$208,843, while the equivalent of US$373,827, was sold.
FX HL 14-4-15Highs & Lows| The highest buying rate for the US dollar, rose 47 cents to $115.60. The lowest buying rate dropped $5.84 to $87.85 and the highest selling rate remained unchanged at $120.05, but the lowest selling rate rose $1.85 to $95.54. The highest buying rate for the Canadian dollar inched up 20 cents to $92.20. The lowest buying rate fell 37 cents $71.84, but the highest selling rate rose 80 cents to $94.37 with the lowest selling rate falling 45 cents to $86.55. The highest buying rate for the British Pound, rose $2.16 to $172.16, the lowest buying rate was down 33 cents to $134.38 but the highest selling rate declined 29 cents to $173.37 and the lowest selling rate fell 40 cents to $161.90.

J$ slips below 115 to US$ on Monday

JamaicanMoney280x150 The Jamaican dollar selling rate slipped back slightly below 115 to the US dollar on Monday, but the local currency also made gains on the Canadian dollar and the British pound. Purchases of all currencies by dealers amounted to US$52,169,763 equivalent, compared with US$34,310,557, on Friday and selling of the equivalent of US$39,781,633 versus sale of US$39,722,654, on the previous trading day.
FX sum 13-4-15In US dollar trading, dealers bought US$47,538,451 compared to US$31,736,664 on Friday. The buying rate for the US dollar climbed 3 cents to $114.48 and US$37,352,160 was sold versus US$38,071,864 on Friday, the selling rate fell 7 cents to end at $114.99. The Canadian dollar buying rate inched up by 1 cent to $89.08 with dealers buying C$1,826,660, and selling C$909,980, at an average rate that fell 5 cents to $91.23. The rate for buying the British Pound fell 65 cents to $166.43 for the purchase of £2,009,648, while £954,239 was sold, at an average rate of $168.41, for an 8 cents decline. At the end of trading it took J$122.27 to purchase the Euro, 51 cents less than on Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$119.79 for a fall of 38 cents on Friday’s rate. Other currencies bought, amounted to the equivalent of US$288,222 while the equivalent of US$309,927, was sold.
FXHL 13-4-15Highs & Lows| The highest buying rate for the US dollar, declined 6 cents to $115.13. The lowest buying and the highest selling rates remained unchanged at $93.69 and $120.05, respectively and lowest selling rate rose $3.69 to $93.69. The highest buying rate for the Canadian dollar fell 50 cents to $92, the lowest buying rate remained at $72.21, but the highest selling rate fell 43 cents to $93.57 with the lowest selling rate holding at $87. The highest buying rate for the British Pound, rose 20 cents to $170, the lowest buying rate was down 50 cents to $134.71 but the highest selling rate declined $1.34 to $173.66 and the lowest selling rate fell 60 cents to $162.30.

US$ back above J$115 Friday

FX US Pound The Jamaican dollar lost value against the US dollar on Friday, but made major gains on the Canadian dollar and the British pound as US dollar strengthening, push down the value of the two international currencies. Purchases of all currencies by dealers amounted to US$34,310,557 equivalent, compared with US$26,379,747, on Thursday and selling of the equivalent of US$39,722,654 versus sale of US$36,916,377, on the previous trading day.
In US dollar trading, dealers bought US$31,736,664 compared to US$23,763,336 on Thursday. The buying rate for the US dollar climbed 19 cents to $114.45 and US$38,071,864 was sold versus US$35,159,008 on Thursday, the selling rate rose 7 cents to end at $115.06.FX sum 10-4-15
The Canadian dollar buying rate dropped 81 cents to $89.07 with dealers buying C$911,732, and selling C$567,274, at an average rate that fell 45 cents to $91.28. The rate for buying the British Pound fell 79 cents to $167.08 for the purchase of £1,161,197, while £654,078 was sold, at an average rate of $168.49, for a $1.05 decline. At the end of trading it took J$122.78 to purchase the Euro, $1.28 less than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$120.17 for a fall of $1.43 on Thursday’s rate. Other currencies bought, amounted to the equivalent of US$169,181 while the equivalent of US$242,967, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 9 cents to $115.19. The lowest buying rate jumped $7.69 to $93.69. The highest selling rate declined 11 cents to $120.05 and lowest selling rate dropped $12 to $90. FXHL 10-4-15The highest buying rate for the Canadian dollar rose 50 cents to $92.50, the lowest buying rate fell 42 cents to $72.21, but the highest selling rate fell 40 cents to $94 with the lowest selling rate falling $2 to $87. The highest buying rate for the British Pound, fell $1.40 to $169.80, the lowest buying rate was down $1.74 to $135.21 but the highest selling rate rose $1.68 to $175 and the lowest selling rate fell $3.40 to $162.90.

US$ holds below J$115 Thursday

Dealers sold a net of US$10 million on Thursday following net sales on Wednesday. Purchases of all currencies by dealers amounted to US$26,379,747 equivalent, compared with US$38,067,788, on Wednesday and selling of the equivalent of US$36,916,377 versus sale of US$46,321,683, on the previous trading day.
FX sum 9-4-15In US dollar trading, dealers bought US$23,763,336 compared to US$33,626,651 on Wednesday. The buying rate for the US dollar slipped 14 cents to $114.26 and US$35,159,008 was sold versus US$43,174,147 on Wednesday, the selling rate rose 3 cents to end at $114.99. The Canadian dollar buying rate rose 25 cents to $89.88 with dealers buying C$1,176,154, and selling C$625,704, at an average rate that gained just 37 cents to $91.73. The rate for buying the British Pound fell $1.38 to $167.86 for the purchase of £1,057,806, while £799,298 was sold, at an average rate of $169.54, for a $1.35 decline. At the end of trading it took J$124.06 to purchase the Euro, 78 cents less than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$121.60 for a fall of 85 cents on Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$137,089 while the equivalent of US$79,688, was sold.
FX HL 9-4-15Highs & Lows| The highest buying rate for the US dollar, remained at $115.10. The lowest buying rate dropped $7.77 to $86. The highest selling rate remained at $120.16 and lowest selling rate jumped $8.23 to $102. The highest buying rate for the Canadian dollar rose 30 cents to $92, the lowest buying rate was unchanged at $72.63, but the highest selling rate fell $1.10 to $94.40 with the lowest selling rate rising $1.50 to $89. The highest buying rate for the British Pound, fell 10 cents to $171.20, the lowest buying rate was unchanged at $136.95 but the highest selling rate dropped $3.23 to $173.32 and the lowest selling rate rose $1.30 to $166.30.

J$ relatively stable on Wednesday

Dealers sold a net of US$8 million on Wednesday following net purchases on Tuesday. Purchases of all currencies by dealers amounted to US$38,067,788 equivalent, compared with US$67,556,589, on Tuesday and selling of the equivalent of US$46,321,683 versus sale of US$54,844,191, on the previous trading day.
FX Sum 8-4-15In US dollar trading, dealers bought US$33,626,651 compared to US$63,349,319 on Tuesday. The buying rate for the US dollar slipped 7 cents to $114.40 and US$43,174,147 was sold versus US$52,595,395 on Tuesday, the selling rate rose 1 cent to end at $114.96. The Canadian dollar buying rate rose 47 cents to $89.63 with dealers buying C$1,357,789, and selling C$1,110,035, at an average rate that gained just 2 cents to $91.36. The rate for buying the British Pound jumped $1.59 to $169.24 for the purchase of £2,047,476, while £1,200,375 was sold, at an average rate of $170.89, for a 66 cents rise. At the end of trading it took J$124.84 to purchase the Euro, $2.07 less than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$122.45 for a fall of $1.87 on Tuesday’s rate. Other currencies bought, amounted to the equivalent of US$348,399 while the equivalent of US$480,936, was sold.
FXhl 8-4-15Highs & Lows| The highest buying rate for the US dollar, declined 10 cents to $115.10. The lowest buying, the highest and lowest selling rates remained at $93.77, $120.16 and $97.77, respectively. The highest buying rate for the Canadian dollar fell 20 cents to $91.70, the lowest buying rate rose by 34 cents to $72.63, but the highest selling rate was up $1.33 to $95.50 with the lowest selling rate rising $1 to $87.50. The highest buying rate for the British Pound, fell $1 to $171.30, the lowest buying rate climbed 66 cents to $136.95 but the highest selling rate climbed 86 cents to $176.55 and the lowest selling rate rose by 80 cents to $165.

Forex trading nets US$13M on Tuesday

Dealers bought a net of US$13 million on Tuesday following net sales for most of the previous week. Purchases of all currencies by dealers amounted to a haul of US$67,556,589 equivalent, compared with US$36,675,222, on Thursday and selling of the equivalent of US$54,844,191 versus sale of US$44,135,664, on the previous trading day.
FX sum 7-4-15In US dollar trading, dealers bought US$63,349,319 compared to US$32,120,784 on Thursday. The buying rate for the US dollar rose 8 cents to $114.47 and US$52,595,395 was sold versus US$42,297,150 on Thursday, the selling rate fell 7 cents to end at $114.95. The Canadian dollar buying rate fell 99 cents to $89.16 with dealers buying C$2,164,603 and selling C$1,195,762, at an average rate that gained 47 cents to $91.34. The rate for buying the British Pound slipped 13 cents to $167.65 for the purchase of £1,600,733, while £561,850 was sold, at an average rate of $170.23, for a 66 cents rise. At the end of trading it took J$126.91 to purchase the Euro, $3.15 more than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$124.32 for a rise of $3.07 on Thursday’s rate. Other currencies bought, amounted to the equivalent of US$176,779 while the equivalent of US$466,474, was sold.
FXHL 7-4-15Highs & Lows| The highest buying rate for the US dollar, rose 5 cents to $115.20. The lowest buying rate remained at $93.77. The highest selling dropped $1.07 to $120.16, while the lowest selling rate fell $18.53 to $97.77. The highest buying rate for the Canadian dollar rose 70 cents to $91.90, the lowest buying rate rose by 8 cents to $72.29, but the highest selling rate was up 51 cents to $94.17 with the lowest selling rate falling 50 cents to $86.50. The highest buying rate for the British Pound, rose $1.95 to $172.30, the lowest buying rate declined 16 cents to $136.29 but the highest selling rate jumped $1.76 to $175.69 and the lowest selling rate declined by 20 cents to $164.20.

US$7.5M more sold off on Thursday

Dealers sold a net of US$7.5 million on Thursday following on net sale of US$10 million on Wednesday and US$9 million on Tuesday. There was also net sale on Monday but that was in keeping with surplus on the previous Friday. Purchases of all currencies by dealers amounted to a haul of US$36,675,222 equivalent, compared with US$33,890,697, on Wednesday and selling of the equivalent of US$44,135,664 versus sale of US$43,245,266, on the previous trading day.
FX sum 2-4-15In US dollar trading, dealers bought US$32,120,784 compared to US$27,646,745 on Wednesday. The buying rate for the US dollar fell 3 cents to $114.39 and US$42,297,150 was sold versus US$39,278,675 on Wednesday, the selling rate fell 2 cents to end at $115.02. The Canadian dollar buying rate rose just 9 cents to $90.15 with dealers buying C$3,026,782 and selling C$1,569,586, at an average rate that gained 12 cents to $90.87. The rate for buying the British Pound slipped 33 cents to $167.78 for the purchase of £1,383,469, while £340,974 was sold, at an average rate of $169.57, for a 47 cents fall. At the end of trading it took J$123.76 to purchase the Euro, 20 cents more than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$121.25 for a rise of 13 cents on Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$139,921 while the equivalent of US$95,765, was sold.
FXhl 2-4-15Highs & Lows| The highest buying rate for the US dollar, dropped $1.35 to $115.15. The lowest buying and the highest selling rates remained at $93.77 and $121.23 respectively, while the lowest selling rate fell 70 cents to $112.30. The highest buying rate for the Canadian dollar rose 10 cents to $91.20, the lowest buying rate rose by 83 cents to $72.21, but the highest selling rate was fell 18 cents to $93.66 while the lowest selling rate fell $1 to $87. The highest buying rate for the British Pound, rose 10 cents to $170.35, the lowest buying rate rose 33 cents to $136.45 but the highest selling rate fell $1.55 to $173.93 and the lowest selling rate declined by $1.60 to $164.40.