Authorized dealers added $6 million to their stockpile of foreign exchange on Thursday, moving the net purchases since the end of June, to just above US$183 million by Jamaica’s foreign exchange dealers.
In Thursday’s trading, dealers bought US$43,395,032 and sold US$37,474,064 compared to US$45,088,179 purchased and US$44,439,314 sold on Wednesday, of all currencies.
In US dollar trading, dealers bought US$39,678,921 compared to US$41,895,891 on Wednesday. The buying rate for the US dollar rose 9 cents to $126.66. A total of US$35,507,077 was sold versus US$42,609,761 on Wednesday, with the selling rate rising 3 cents to end at $127.15. The Canadian dollar buying rate fell 25 cents to end at $96.16, with dealers buying C$1,276,184 and selling C$953,348 at an average rate that slipped 26 cents to $98.14. The average rate for buying the British Pound rose 13 cents to $162.52 for the purchase of £1,784,815, while £631,596 was sold with the rate falling by 17 cents to end at $164.92.
At the end of trading, the selling rate for the Euro, rose $1.90 to close at J$144.92 from Wednesday’s rate, according to data from Bank of Jamaica, The US dollar equivalent of other currencies traded amounts to US$457,288 being bought, while US$411,932 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Thursday, include a rise of $19.51 in the lowest selling rate for the US dollar to $123, a fall of $1 in the highest buying rate of Canadian Dollar to close at $99.50, a dropped of $2 in the lowest selling rate to end at $90. Trading in the British Pound resulted in a rise of $1.50 in the highest buying rate to $167.10 and the lowest selling rate fell 60 cents to close of $158.

Authorized dealers added under $1 million to their stockpile of foreign exchange on Wednesday, moving the net purchases since the end of June, to just above US$177 million by Jamaica’s foreign exchange dealers.
In Wednesday’s trading, dealers bought US$45,088,179 and sold US$44,439,314 compared to US$49,290,241 purchased and US$37,062,318 sold on Tuesday, of all currencies.
In US dollar trading, dealers bought US$41,895,891 compared to US$47,271,163 on Tuesday. The buying rate for the US dollar rose 8 cents to $126.57. A total of US$42,609,761 was sold versus US$35,570,768 on Tuesday, with the selling rate rising 9 cents to end at $127.12. The Canadian dollar buying rate rose $1.15 to end at $96.41, with dealers buying C$1,640,529 and selling C$980,057 at an average rate that slipped 4 cents to $98.40. The average rate for buying the British Pound jumped $2.18 to $162.39 for the purchase of £1,307,986, while £745,124 was sold to end at $165.09, for a rise of $1.07.
At the end of trading, the selling rate for the Euro, rose 82 cents to close at J$143.02 from Tuesday’s rate, according to data from Bank of Jamaica, The US dollar equivalent of other currencies traded amounts to US$264,486 being bought, while US$103,202 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Wednesday, include a rise of $2.30 in the highest buying rate of the Canadian Dollar to close at $100.50, a jump of $2 in the lowest selling rate to end at $92. Trading in the British Pound resulted in a drop of 80 cents in the highest buying rate to $165.60, the highest selling rate jumped $4.12 to close at $172.80 and lowest selling rate fell 40 cents to close of $158.60.

Jamaica’s foreign exchange dealers bought US$11 million more than the amount sold on Wednesday, putting the surplus bought since the end of June to US$132 million, with the rate of the Jamaican dollar rising marginally against the United States currency.
In Wednesday’s trading, dealers bought US$35,858,443 and sold US$24,832,468 compared to US$32,763,938 purchased and US$35,875,715 sold on Tuesday, of all currencies.
In US dollar trading, dealers bought US$32,777,120 compared to US$29,193,791 on Tuesday. The buying rate for the US dollar rose 16 cents to $125.98. A total of US$23,290,324 was sold versus US$34,459,336 on Tuesday, with the selling rate falling 5 cents to end at $126.66. The Canadian dollar buying rate climbed 18 cents to end at $93.65, with dealers buying C$1,287,555 and selling C$914,662 at an average rate that increased by 96 cents to $96.21. The average rate for buying the British Pound fell 43 cents to $161.18 for the purchase of £1,537,436, while £513,286 was sold to end at a rate of $162.98, for a gain of $1.80.
No rates were posted by Bank Of Jamaica for the Euro, on Wednesday. The US dollar equivalent of other currencies traded amounts to US$145,042 being bought, while US$186,931 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Wednesday, include, a fall of 85 cents in the highest buying rate of the US dollar to $127.15, a jump of $19.75 in the lowest selling rate to $123, a decline of $1 in the lowest selling rate of Canadian Dollar to close at $88, while trading in the British Pound resulted in a dip of $1.75 in the lowest selling rate to $158.

Jamaica’s foreign exchange dealers bought US$3 million less than the amount sold on Tuesday, putting the surplus bought since the end of June to US$121 million, with the rate of the Jamaican dollar slipping marginally against the United States currency.
In Tuesday’s trading, dealers bought US$32,763,938 while they sold US$35,875,715 compared to US$37,926,234 purchased and US$29,940,137 sold on Monday, of all currencies.
In US dollar trading, dealers bought US$29,193,791 compared to US$34,783,369 on Monday. The buying rate for the US dollar rose 1 cent to $125.82. A total of US$34,459,336 was sold versus US$28,229,128 on Monday, with the selling rate rising 3 cents to end at $126.71. The Canadian dollar buying rate climbed $1.25 to end at $93.47, with dealers buying C$1,128,502 and selling C$540,659 at an average rate that dropped 79 cents to $95.25. The average rate for buying the British Pound rose 65 cents to $161.61 for the purchase of £1,915,825, while £538,882 was sold to end at $164.78, for a gain of 41 cents.
At the end of trading, the selling rate for the Euro, rose by 74 cents to close at J$141.44 from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$132.88 for a fall of $2.31. The US dollar equivalent of other currencies traded amounts to US$255,751 being bought, while US$309,138 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Tuesday, include, a rise of $1.05 in the highest buying rate of the US dollar to $128, a decline of 76 cents in the highest selling rate of the Canadian Dollar to close at $100.12, a fall of $2 in the lowest selling rate to $89, while trading in the British Pound resulted in a dip of $1.61 in the highest selling rate to $171.95 and a rise of $2.75 in the lowest selling rate to end at $159.75.

Jamaica’s foreign exchange dealers bought US$8 million more than the amount sold on Monday driving the surplus bought since the end of June to US$124 million. On Monday dealers bought $6.55 million more than they sold adding to the near US$11 million excess purchase on Friday but that did not prevent the average rate for buying the United States dollar from rising. The local currency gained versus the pound, while the selling rate of the Canadian dollar rose against the Jamaica dollar.
In Monday’s trading, dealers bought US$37,926,234 while they sold US$29,940,137 compared to US$37,754,708 purchased and US$25,565,625 sold on Friday, of all currencies.
In US dollar trading, dealers bought US$34,783,369 compared to US$33,387,006 on Friday. The buying rate for the US dollar declined 12 cents to $125.81. A total of US$28,229,128 was sold versus US$22,715,862 on Friday, with the selling rate rising 4 cents to end at $126.68. The Canadian dollar buying rate dropped $1.09 cents to end at $92.22, with dealers buying C$1,210,434 and selling C$724,632 at an average rate that rose by 30 cents to $96.04. The average rate for buying the British Pound dropped $2.01 to $161.96 for the purchase of £1,575,303, while £623,808 was sold to end at $164.36, for a gain of $1.22.
At the end of trading, the selling rate for the Euro, rose by 46 cents to close at J$140.71 from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.19 for a gain of 82 cents. The US dollar equivalent of other currencies traded amounts to US$227,656 being bought, while US$352,200 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Monday, include, a rise of 90 cents in the highest buying rate of the Canadian Dollar to close at $97.50, a fall of $1.50 in the lowest selling rate to $91, while trading in the British Pound resulted in a dip of $1.80 in the highest buying rate to $165.50, a fall of 67 cents in the lowest buying rate to $133.38, a fall of 86 cents in the highest selling rate to end at $173.56 and the lowest selling rate dropped $3.30 to end at $157.