The Jamaica dollar gained against the United States currency at the close of trading on Monday even as inflow was US$2.5 million more than the amount sold. The local dollar lost ground against the Pound sterling as the British currency gained strength with public opinion polls suggesting voters will support the vote to remain in the euro zone.
The foreign exchange market closed with dealers buying the equivalent in all currencies, of US$50,161,179 and selling US$46,313,716, in contrast to US$38,700,842 purchased and US$33,005,652 sold on Friday.
In US dollar trading, dealers bought US$46,596,141 compared to US$35,609,042 on Friday as the buying rate for the US dollar fell 12 cents to $125.34. A total of US$44,081,167 was sold versus US$30,473,037 on Friday with the selling rate falling 4 cents to $126.03. The Canadian dollar buying rate rose 6 cents to end at $94.49 with dealers buying C$1,249,798 and selling C$650,444, at an average rate that gained 25 cents to $97.53. The average rate for buying the British Pound jumped $2.55 to $178.08 for the purchase of £1,730,533, while £820,742 was sold, with the rate climbing $1.97 to $179.60.
At the end of trading, the selling rate for Euro, jumped $1.37 to close at J$141.81 from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$139, for a rise of $1.31 on Friday’s rate. The US dollar equivalent of other currencies traded amounts to US$164,287 being bought, while US$559,556 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 selling rate of the Canadian Dollar to $100.98, a rise of 85 cents in lowest selling rate to $92.50. The highest buying rate of the British Pound jumped $5.70 to $185.20, the lowest buying rate climbed $2.49 to $143.18 with the highest selling rate leaping $4.62 to $188.

The Jamaica dollar lost ground against the United States currency at the close of trading on Friday even as the inflows was US$5 million more than the amount sold.
The foreign exchange market closed on Friday with dealers buying the equivalent in all currencies, of US$38,700,842 and selling US$33,005,652, in contrast to US$46,580,987 purchased and US$45,960,920 sold on Thursday
In US dollar trading, dealers bought US$35,609,042 compared to US$42,886,272 on Thursday as the buying rate for the US dollar rose 5 cents to $125.46. A total of US$30,473,037 was sold versus US$43,055,967 on Thursday with the selling rate rising 7 cents to $126.07. The Canadian dollar buying rate rose $1.51 to end at $94.43 with dealers buying C$916,929 and selling C$539,990, at an average rate that fell 78 cents to $97.28. The average rate for buying the British Pound dipped $1.37 to $175.53 for the purchase of £1,626,743, while £614,329 was sold, with the rate declining 51 cents to $177.63.
At the end of trading, the selling rate for Euro, dropped $1.20 to close at J$140.45 from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$137.69, for a fall of $1.23 on Thursday’s rate. The US dollar equivalent of other currencies traded amounts to US$125,608 being bought, while US$1,250,415 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Friday, include, a decline of $1.12 in the lowest buying rate of the Canadian Dollar to $76.07, a fall of 92 cents in the highest selling rate to $100.08 and the lowest buying rate of the British Pound dropped $1.66 to $140.69 with the highest selling rate falling $1.84 to $183.38.

The Jamaica dollar made gains on the United States currency at the close of trading on Thursday, with the selling rate closing at the 126 level for one US dollar.
The foreign exchange market closed on Thursday with dealers buying the equivalent in all currencies of US$46,580,987 and selling US$45,960,920, in contrast to US$44,233,911 purchased and US$43,941,471 sold on Wednesday
In US dollar trading, dealers bought US$42,886,272 compared to US$41,821,237 on Wednesday as the buying rate for the US dollar fell 12 cents to $125.41. A total of US$43,055,967 was sold versus US$42,635,195 on Wednesday with the selling rate declining 8 cents to $126. The Canadian dollar buying rate fell $1.61 to end at $92.92 with dealers buying C$525,509 and selling C$950,143, at an average rate that rose 9 cents to $98.06. The average rate for buying the British Pound climbed $2 to $176.90 for the purchase of £2,210,356, while £1,396,914 was sold, with the rate rising $1.23 to $178.14.
At the end of trading, the selling rate for Euro, rose 34 cents to close at J$141.65 from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$138.92, for a rise of 36 cents on Wednesday’s rate. The US dollar equivalent of other currencies traded amounts to US$187,489 being bought, while US$190,557 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 90 cents in the highest buying rate of the Canadian Dollar to $98.90, a gain of $4.19 in the lowest buying rate to $77.19, while the lowest selling rate fell $1.50 to $91.50 and the lowest buying rate of the British Pound dropped $5.99 to $142.35 with the lowest selling rate falling $1.84 to $169.

The Jamaica dollar closed on Wednesday above 126 level for one US dollar for the second day as forex trading saw slightly more selling by dealers of the United States currency than the amount bought by them.
The foreign exchange market closed on Wednesday with dealers buying the equivalent in all currencies of US$44,233,911 and selling US$43,941,471, in contrast to US$46,789,793 purchased and US$53,956,348 sold on Tuesday
In US dollar trading, dealers bought US$41,821,237 compared to US$44,550,096 on Tuesday as the buying rate for the US dollar rose 5 cents to $125.53. A total of US$42,635,195 was sold versus US$50,575,123 on Tuesday with the selling rate rising 3 cents to $126.08. The Canadian dollar buying rate fell 78 cents to end at $94.53 with dealers buying C$737,247 and selling C$473,124, at an average rate that dropped $1.27 to $97.97. The average rate for buying the British Pound dropped 50 cents to $174.90 for the purchase of £1,032,688, while £559,630 was sold, with the rate falling 94 cents to $176.91.
At the end of trading, the selling rate for Euro, dropped $1.07 to close at J$141.31 from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$138.55, for a fall of 79 cents off Tuesday’s rate. The US dollar equivalent of other currencies traded amounts to US$418,654 being bought, while US$153,342 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 in the highest buying rate of the Canadian Dollar by $1.25 to $98, a fall of $5.02 in the lowest buying rate to $73, while the lowest selling rate rose $1 to $93 and the lowest buying rate of the British Pound gained $5.41 to $148.34.