The Jamaican dollar gained against the three main currencies it regularly trades with, in Thursday’s forex trading, as inflows and outflows were evenly matched. Authorized dealers purchased the equivalent of US$26,488,326 versus US$38,491,241 on Wednesday, and the equivalent of US$26,902,239 was sold compared with US$36,390,546 on Wednesday.
In US dollar trading, dealers bought US$22,597,931 compared to US$35,575,321 on Wednesday. The buying rate for the US dollar fell 14 cent to $112.24 and US$24,072,019 was sold versus US$34,601,853 on Wednesday, the selling rate inched down 3 cents to $112.65. The Canadian dollar buying rate, gained $1.42 to $100.15 with dealers buying C$2,722,960 and selling C$2,367,047 at an average selling rate that slipped 20 cents, to $100.69. The rate for buying the British Pound dropped 97 cents to $179.07, for the purchase of £801,481, while £274,282 was sold, at $181.86, down 64 cents. Other currencies bought, amounted to the equivalent of US$182,012, while selling was for the equivalent of US$271,758.
Highs & Lows| The highest buying rate for the US dollar, closed with a gain of 6 cents at $112.95, the lowest buying rate was unchanged at $91.85, the highest selling rate fell $3.70 to $114 and the lowest selling rate jumped $18.15 to $110. The highest buying rate for the Canadian dollar fell $1.50 to $101, the lowest buying rate was unchanged at $79.80, the highest selling rate lost 96 cents to $103.04. The lowest selling rate remained at $96.15. The highest buying rate for the British Pound, dropped $4.70 to $182.30, the lowest buying rate fell 5 cents to $146.20. The highest selling rate declined 37 cents to $185.90 and the lowest selling rate rose $1.80 to $178.
Forex inflows & outflows match on Thursday
Jamaican$ strengthens against all 3 on Tuesday
The Jamaican dollar gained, against the three main currencies it regularly trades with, in Tuesday’s forex trading, as inflows remain buoyant. Authorized dealers purchased the equivalent of US$46,583,995, versus US$41,647,022 on Monday, and the equivalent of US$43,686,767 was sold compared with US$48,692,938 on Monday.
In US dollar trading, dealers bought US$41,044,453 compared to US$37,493,261 on Monday. The buying rate for the US dollar rose 12 cents to $112.39 and US$41,573,721 was sold versus US$46,856,853 on Monday, the selling rate eased by a cent to $112.67. The Canadian dollar buying rate, climbed 35 cents to $99.05 with dealers buying C$1,052,935 and selling C$450,524 at an average selling rate that slipped 29 cents, to $101.01. The rate for buying the British Pound rose 59 cents to $181.62, for the purchase of £2,746,757, while £966,157 was sold, at $182.48 for a fall of 34 cents. Other currencies bought, amounted to the equivalent of US$172,782, while selling was for the equivalent of US$144,242.
Highs & Lows| The highest buying rate for the US dollar, closed with the loss of 4 cents at $112.95, the lowest buying, the highest selling and the lowest selling rates were unchanged at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar dived 85 cents to $101, the lowest buying rate gained 8 cents to $80.01, the highest selling rate lost 76 cents to $104.74. The lowest selling rate fell 35 cents to $96.40. The highest buying rate for the British Pound, jumped $5.94 to $189.39, the lowest buying rate fell 24 cents to $146.50. The highest selling rate dropped $2.82 to $189.18 and the lowest selling rate dived 80 cents to $176.
Jamaican$ gains against all on Monday
The Jamaican dollar gained against the three main currencies it regularly trades with, in Monday’s forex trading. Authorized dealers purchased the equivalent of US$41,647,022 versus US$50,731,870 on Friday, and the equivalent of US$48,692,938 was sold compared with US$32,356,343 on Friday.
In US dollar trading, dealers bought US$37,493,261 compared to US$48,910,642 on Friday. The buying rate for the US dollar fell 23 cents to $112.27 and US$46,856,853 was sold versus US$30,734,179 on Friday, the selling rate eased by a cent to $112.68. The Canadian dollar buying rate, fell 36 cents to $98.70 with dealers buying C$1,194,201 and selling C$768,096 at an average selling rate that slipped 9 cents, to $101.31. The rate for buying the British Pound rose 88 cents to $181.03, for the purchase of £1,779,286, while £577,599 was sold, at $182.82 for a fall of 92 cents. Other currencies bought, amounted to the equivalent of US$234,843, while selling was for the equivalent of US$208,343.
Highs & Lows| The highest buying rate for the US dollar, closed with the loss of a cent at $112.99, the lowest buying and the highest selling rates were unchanged at $91.85 and $117.70 respectively. The lowest selling rate dropped $9.70 to $91.85. The highest buying rate for the Canadian dollar rose 25 cents to $101.85, the lowest buying rate and the highest selling rate remained unchanged at $79.93 and $105.50, respectively. The lowest selling rate rose 45 cents to $96.75. The highest buying rate for the British Pound, declined 55 cents to $183.45, the lowest buying rate fell 42 cents to $146.74. The highest selling rate remained at $192 and the lowest selling rate is dived 50 cents to $176.80.
National Commercial buys US$20M & sells back US$9M
Jamaica’s, National Commercial Bank bought US$20,408,481 at an average rate of $112.70 and sold only US$8,911,292 at $112.75 on Friday, two days after selling 466 million Kingston Wharves’ shares, for the equivalent of US$26.6 million. The buy helped push the forex market into surplus on the day, by US$18 million.
Of the nine authorized dealers, Jamaica National was the only one, buying less US dollars than they sold. First Global Bank with a net purchase of US$1.9 million, is the closest to NCB, with a surplus of US dollars bought. On Thursday Bank of Nova Scotia purchased US$3,907,332 at an average of $112.36 but offloaded US$19,209,570 at an average rate of $112.72.
The Jamaican dollar was stable against the US dollar, gained value on the Canadian dollar and fell in value against the Pound Sterling, in Friday’s forex trading. Authorized dealers purchased the equivalent of US$50,731,870 versus US$28,497,521 on Thursday, and the equivalent of US$32,356,343 was sold compared with US$39,295,678 on Thursday.
In US dollar trading, dealers bought US$48,910,642 compared to US$25,078,217 on Thursday. The buying rate for the US dollar rose 18 cents to $112.50 and US$30,734,179 was sold versus US$37,666,628 on Thursday, the selling rate eased by a cent to $112.69. The Canadian dollar buying rate, fell 34 cents to $99.06 with dealers buying C$699,897 and selling C$374,177 at an average selling rate that slipped 24 cents, to $101.40. The rate for buying the British Pound slipped $1.76 to $180.15, for the purchase of only £685,615, while £380,923 was sold, at $183.75 for a rise of 33 cents. Other currencies bought, amounted to the equivalent of US$107,024, while selling was for the equivalent of US$664,374.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the highest selling rates remained unchanged at $113, $91.85 and $117.70 respectively. The lowest selling rate dropped $8.45 to $101.55. The highest buying rate for the Canadian dollar rose 7 cents to $101.60, the lowest buying rate fell 33 cents to $79.93. The highest selling rate climbed $1.50 to $105.50. The lowest selling rate fell 40 cents to $96.30. The highest buying rate for the British Pound, declined 30 cents to $184, the lowest buying rate fell 33 cents to $147.16. The highest selling rate rose $1.86 to $192 and the lowest selling rate is dived 40 cents to $177.30.
J$ steady versus US$ gains vs others
The Jamaican dollar was stable against the US dollar, gained value on the Canadian dollar and the Pound Sterling, in Thursday’s forex trading. Authorized dealers purchased the equivalent of US$28,497,521 versus US$34,448,840 on Wednesday, and the equivalent of US$39,295,678 was sold compared with US$31,858,399 on Wednesday.
In US dollar trading, dealers bought US$25,078,217 compared to US$32,026,453 on Wednesday. The buying rate for the US dollar remained at $112.32 and US$37,666,628 was sold versus US$30,237,505 on Wednesday, the selling rate remained at $112.70. The Canadian dollar buying rate fell 99 cents to $99.40 with dealers buying C$739,616 and selling C$530,124 at an average selling rate that slipped 31 cents to $101.63. The rate for buying the British Pound rose 77c to $181.91, for the purchase of £1,255,877, while £379,519 was sold, at $183.42 for a decline of 57 cents. Other currencies bought, amounted to the equivalent of US$730,842, while selling was for the equivalent of US$533,319.
Highs & Lows| The highest buying rate for the US dollar, inched up 10 cents to $113. The lowest buying and the highest selling rates remained unchanged at $91.85 and $117.70 respectively and the lowest selling rate bounced back $18.15 to $110. The highest buying rate for the Canadian dollar lost 47 cents to $101.53, the lowest buying rate fell 91 cents to $80.26. The highest selling rate climbed 20 cents to $104. The lowest selling rate fell $1.10 to $96.70. The highest buying rate for the British Pound, rose 10 cents to $184.30, the lowest buying rate climbed $1.20 to $147.49. The highest selling rate rose $1.14 to $190.14 and the lowest selling rate is up $1.14 to $177.70.
Not much change in rates for J$
The Jamaican dollar lost just a cent against the US dollar, gained value versus the Canadian dollar but slipped slightly against the Pound Sterling, in Wednesday’s forex trading. Authorized dealers purchased the equivalent of US$34,448,840 versus US$38,385,284 on Tuesday, and the equivalent of US$31,858,399 was sold compared with US$39,434,800 on Tuesday.
In US dollar trading, dealers bought US$32,026,453 compared to US$32,424,472 on Tuesday. The buying rate for the US dollar drifted 6 cents to $112.32 and US$30,237,505 was sold versus US$34,668,805 on Tuesday, the selling rate gained a cent up to $112.70. The Canadian dollar buying rate fell $1.14 to $100.39 with dealers buying C$1,165,397 and selling C$983,084 at an average selling rate that slipped 22 cents to $101.94. The rate for buying the British Pound declined $1.38 to $181.13, for the purchase of £787,089, while £406,481 was sold, the selling rate rose 3 cents to $183.99. Other currencies bought, amounted to the equivalent of US$111,545, while selling was for the equivalent of US$67,967.
Highs & Lows| The highest buying rate for the US dollar, fell $1.10 to $112.90. The lowest buying and the highest selling rates remained unchanged at $91.85 and $117.70 respectively and the lowest selling rate fell back $18.15 to $91.85 The highest buying rate for the Canadian dollar lost 20 cents to $102, the lowest buying rate remained at $81.17. The highest selling rate fell $1.16 to $103.80. The lowest selling rate was unchanged at $97.80. The highest buying rate for the British Pound, fell 30 cents to $184.20, the lowest buying rate was unchanged at $146.29. The highest selling rate rose 60 cents to $189 and the lowest selling rate is unchanged at $176.25.
Buoyant flows keep Jamaican$ stable
The Jamaican dollar gained a cent against the US dollar, gained value versus the Canadian dollar but slipped against the Pound Sterling, in Tuesday’s forex trading. Authorized dealers purchased the equivalent of US$38,385,284 versus US$55,527,854 on Monday, and the equivalent of US$39,434,800 was sold compared with US$54,984,714 on Monday.
In US dollar trading, dealers bought US$32,424,472 compared to US$49,027,325 on Monday. The buying rate for the US dollar gained 3 cents to $112.38 and US$34,668,805 was sold versus US$50,573,332 on Monday, the selling rate drifted a cent down to $112.68. The Canadian dollar buying rate is up 5 cents to $101.53 with dealers buying C$2,908,960 and selling C$2,940,061 at an average selling rate that slipped 70 cents to $102.16. The rate for buying the British Pound rose $1.07 to $182.51, for the purchase of £1,935,491, while £1,182,187 was sold, the selling rate climbed 63 cents to $183.96. Other currencies bought, amounted to the equivalent of US$189,326, while selling was for the equivalent of US$170,362.
Highs & Lows| The highest buying rate for the US 
dollar, fell 67 cents to $114. The lowest buying and the highest selling rates remained unchanged at $91.85 and $117.70 respectively and the lowest selling rate rose $18.15 to $110. The highest buying rate for the Canadian dollar lost 70 cents to $102.20, the lowest buying rate remained at $81.17. The highest selling rate fell 20 cents to $104.96. The lowest selling rate was unchanged at $97.80. The highest buying rate for the British Pound, rose 60 cents to $184.50, the lowest buying rate was unchanged at $146.29. The highest selling rate fell 19 cents to $188.40 and the lowest selling rate is up $17.64 to $176.25.
Jamaican$ still holding steady vs US$
The Jamaican dollar gained a cent against the US dollar, gained value versus the Pound but lost against the Canadian dollar, In Monday’s forex trading. Authorized dealers purchased more foreign currency than they sold. The equivalent of US$55,527,854 was bought versus US$35,748,353 on Friday, and the equivalent of US$54,984,714 was sold compared with US$30,621,902 on Friday.
In US dollar trading, dealers bought US$49,027,325 compared to US$31,259,041 on Friday. The buying rate for the US dollar dropped 2 cents to $112.35 and US$50,573,332 was sold versus US$26,652,331 on Friday, the selling rate drifted a cent down to $112.69. The Canadian dollar buying rate is up 88 cents to $101.48 with dealers buying C$3,545,656 and selling C$3,929,357 at an average selling rate that put on 28 cents to $102.86. The rate for the British Pound fell 70 cents to $181.44, for the purchase of £1,906,224, while only £389,171 was sold, the selling rate slipped 68 cents to $183.34. Other currencies bought, amounted to the equivalent of US$219,456, while selling was for the equivalent of US$191,566
Highs & Lows| The highest buying rate for the US dollar, rose $1.37 to $114.67. The lowest buying, the highest and lowest selling rates remained unchanged at $91.85 and $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar lost 60 cents to $102.90, the lowest buying rate rose 4 cents to $81.17. The highest selling rate fell 34 cents to $105.16. The lowest selling rate was up 65 cents at $97.80. The highest buying rate for the British Pound, was unchanged at $183.90, the lowest buying rate fell 70 cents to $146.29. The highest selling rate is up 7 cents to $188.59 and the lowest selling rate fell $18.19 to $158.61.
Excess foreign currency bought in 2 days
The Jamaican dollar gained a cent against the US dollar, gained value versus the Pound, but lost against the Canadian dollar, in Friday’s forex trading. Authorized dealers purchased more foreign currency than they sold, with the equivalent of US$35,748,353 bought versus US$29,361,702 on Thursday, and sold the equivalent of US$30,621,902 compared with US$27,149,495 on Thursday, the second consecutive day, this is happening.
In US dollar trading, dealers bought US$31,259,041 compared to US$25,904,827 on Thursday. The buying rate for the US dollar rose 1 cent to $112.37 and US$26,652,331 was sold versus US$25,054,219 on Thursday, the selling rate drifted a cent to $112.70. The Canadian dollar buying rate inched up 18 cents to $100.61 with dealers buying C$1,319,900 and selling C$486,723 at an average selling rate that put on a cent to $102.58. The rate for the British Pound moved up 79 cents to $182.15, for the purchase of £1,555,372, while £1,385,818 was sold, the rate slipped 17 cents to $184.02. Other currencies bought, amounted to the equivalent of US$786,506, while selling was for the equivalent of US$1,263,878.
Highs & Lows| The highest buying rate for the US dollar, rose 45 cents to $113.30. The lowest buying, the highest and lowest selling rates remained unchanged at $91.85 and $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar gained 60 cents to $103.50, the lowest buying rate rose 12 cents to $81.13. The highest selling rate is up 48 cents to $105.50. The lowest selling was down 45 cents at $97.15. The highest buying rate for the British Pound, fell 30 cents to $183.90, the lowest buying rate gained 45 cents to $146.99. The highest selling rate fell 39 cents to $188.52 and the lowest selling rate is up 25 cents to $176.80.
More US$ bought than sold on Thursday
In Thursday’s forex trading, the Jamaican dollar gave back a cent against the US dollar, gained value versus the Canadian dollar and lost against the Pound. Authorized dealers purchased more foreign currency than they sold as they bought the equivalent of US$29,361,702 versus US$30,445,681 on Wednesday, and sold the equivalent of US$27,149,495 compared with US$35,474,287 on Wednesday.
In US dollar trading, dealers bought US$25,904,827 compared to US$24,647,857 on Wednesday. The buying rate for the US dollar rose 13 cents to $112.36 and US$25,054,219 was sold versus US$31,434,012 on Wednesday, the selling rate recovered a cent to $112.71.The Canadian dollar buying rate fell $1.49 to $100.43 with dealers buying C$732,996 and selling C$409,949 at an average selling rate that declined by 24 cents to $102.57. The rate for the British Pound dipped 71 cents to $181.36, for the purchase of £1,012,241, while £382,845 was sold, the rate rose by 67 cents to $184.19. Other currencies bought, amounted to the equivalent of US$1,167,877, while selling was for the equivalent of US$1,096,616.
Highs & Lows| The highest buying rate for the US dollar, fell 25 cents to $112.85. The lowest buying and the highest selling rates remained unchanged at $91.85 and $117.70 respectively. The lowest selling rate fell $1.45 to $91.85. The highest buying rate for the Canadian dollar eased 10 cents to $102.90, the lowest buying rate rose 38 cents to $81.01. The highest selling rate is up 5 cents to $105.02. The lowest selling was unchanged at $97.60. The highest buying rate for the British Pound, fell 30 cents to $184.20, the lowest buying rate gained 34 cents to $146.54. The highest selling rate climbed $1.21 to $188.91 and the lowest selling rate is up 40 cents to $176.55.
