Inflows of foreign currencies into the system on Tuesday was US4.5 million less than the amount sold but the local dollar selling rate was stable against the US dollar, rose against the Pound and fell versus the Canadian dollar. At the close of trading, the equivalent of US$40,302,311 was bought by dealers, compared with US$40,933,885 on Monday, while they sold the equivalent of US$44,817,449 versus US$46,854,604 previously.
In US dollar trading , dealers bought US$36,133,874 compared to US$37,907,963 on Monday. The buying rate for the US dollar rose 15 cents to $119.30 and US$43,506,926 was sold versus US$44,708,029 on Monday, the selling rate remained unchanged at $119.80.
The Canadian dollar buying rate gained 74 cents to $87.62 with dealers buying C$2,044,925 and selling C$717,810, at an average rate that rose 19 cents to $88.73. The rate for buying the British Pound lost $1.20 to $177.72 for the purchase of £1,444,460, while £283,700 was sold, at an average rate that dropped $4.31 to $178.80. At the end of trading, it took J$128.72 to purchase the Euro, a fall of 2 cents from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.11 for a decline of 17 cents from Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$514,735 being bought, while US$355,466 was sold. Highs & Lows| On Tuesday, the highest buying rate for the US dollar gained 10 cents to $120.10 and the lowest buying rate remained unchanged at $98.45.
The highest selling rate rose 11 cents to close at $126.26 and lowest selling rate rose $1.86 to end at $100.30. The highest buying rate for the Canadian dollar dropped $2.59 to $90.50, the lowest buying rate closed unchanged at $71.80, the highest selling rate fell 21 cents to end at $92.88 and the lowest selling rate declined $2.30 to $83.50. The highest buying rate for the British Pound, declined $2.55 to end at $180.50. The lowest buying rate ended unchanged at $144.42, the highest selling rate eased 25 cents to $186.50 and the lowest selling rate rose 30 cents to $174.30.
Jam$ stable vs US on Tuesday
Jam$ mixed on Thursday
Flows of foreign currencies into and out of the system, fell back to normal levels from Wednesday’s heightened reading. At the close of trading, the equivalent of US$37,495,499 was bought by dealers, compared with US$70,261,659 on Wednesday, while they sold the equivalent of US$40,152,220 versus US$67,303,552 previously.
In US dollar trading , dealers bought US$34,396,866 compared to US$65,914,311 on Wednesday. The buying rate for the US dollar fell 15 cents to $119.43 and US$38,980,232 was sold versus US$65,742,994 on Wednesday, the selling rate remained at $119.88.
The Canadian dollar buying rate lost 28 cents to $88.14 with dealers buying C$875,428 and selling C$450,499, at an average rate that declined $1.22 to $90.12. The rate for buying the British Pound climbed 30 cents to $181.78 for the purchase of £1,562,561, while £363,843 was sold, at an average rate that rose 68 cents to $182.64. At the end of trading, it took J$130.21 to purchase the Euro, a fall of $1.06 from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.93 for a decline of 68 cents from Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$74,193 being bought, while US$279,015 was sold.
Highs & Lows| On Thursday, the highest buying rate for the US dollar, rose 5 cents to $120.10, the lowest buying rate rose 5 cents to $98.45, the highest selling rate gained 5 cents to close at $126.15 and lowest selling rate jumped $1.98 to end at $100.39.
The highest buying rate for the Canadian dollar dropped d $3.25 to $91.50, the lowest buying rate rose 29 cents to end at $73.25, the highest selling rate climbed 68 cents to $94.43 and the lowest selling rate remained at $86.50. The highest buying rate for the British Pound, jumped $4.22 to end at $188.32. The lowest buying rate rose 42 cents to $147.16, the highest selling rate dropped 26 cents to $188.08 and the lowest selling rate lost $1.60 to $175.60.
Jam$ mixed on Wednesday
Foreign currencies into and out of the system, jumped well over Tuesday’s levels. At the close of trading, the equivalent of US$70,261,659 was bought by dealers, compared with US$34,196,386 on Tuesday, while they sold the equivalent of US$67,303,552 versus US$38,695,199 previously.
In US dollar trading , dealers bought US$65,914,311 compared to US$30,867,061 on Tuesday. The buying rate for the US dollar rose 36 cents to $119.58 and US$65,742,994 was sold versus US$36,880,303 on Tuesday, the selling rate rose 2 cents to end at $119.88.
The Canadian dollar buying rate lost 1 cent to $88.42, with dealers buying C$1,010,113 and selling C$1,305,367, at an average rate that declined $1.52 to $91.34. The rate for buying the British Pound climbed 84 cents to $181.48 for the purchase of £1,777,274, while £256,712 was sold, at an average rate that dropped $1.07 to $181.96. At the end of trading, it took J$131.27 to purchase the Euro, a fall of 93 cents from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.61 for a decline of $1.02 from Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$903,047 being bought, while US$176,372 was sold.
Highs & Lows| On Wednesday, the highest buying rate for the US dollar, fell 6 cents to $120.05, the lowest buying rate rose 4 cents to $98.40, the highest selling rate remained at $126.10 and lowest selling rate gained 4 cents to end at $98.41.
The highest buying rate for the Canadian dollar climbed $3.05 to $94.75, the lowest buying rate rose 17 cents to end at $72.96, the highest selling rate fell 30 cents to end at $93.75 and the lowest selling rate declined 50 cents to end at $86.50. The highest buying rate for the British Pound, fell 40 cents to end at $184.10. The lowest buying rate slipped 42 cents to $147.74, the highest selling rate dropped $2.65 to $188.34 and the lowest selling rate lost 30 cents to $177.20.
Jam$ slips against all on Tuesday
In foreign exchange trading on Tuesday, the Jamaican dollar slipped in value against all the three major currencies it trades against. Inflows of foreign currencies into the system, fell well short of Monday’s intake. At the close of trading, the equivalent of US$34,196,386 was bought by dealers, compared with US$50,529,982 on Monday, while they sold the equivalent of US$38,695,199 versus US$49,583,967 previously.
In US dollar trading , dealers bought US$30,867,061 compared to US$46,701,326 on Monday. The buying rate for the US dollar fell 5 cents to $119.22 and US$36,880,303 was sold versus US$47,603,305 on Monday, the selling rate rose 5 cents to end at $119.86.
The Canadian dollar buying rate gained 39 cents to $88.43, with dealers buying C$1,684,103 and selling C$837,928, at an average rate that rose 16 cents to $89.82. The rate for buying the British Pound slipped 55 cents to $180.64 for the purchase of £1,260,568, while £695,860 was sold, at an average rate that climbed 72 cents to $183.03. At the end of trading, it took J$132.20 to purchase the Euro, a fall of 18 cents from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.63 for a decline of 20 cents from Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$170,161 being bought, while US$124,382 was sold.
Highs & Lows| On Tuesday, the highest buying rate for the US dollar, rose 1 cents to $120.11, the lowest buying rate rose 75 cents to $98.36,
the highest selling rate rose $1.12 to end at $126.10 and lowest selling rate gained 9 cents to end at $98.37. The highest buying rate for the Canadian dollar climbed 60 cents to $91.70, the lowest buying rate rose 41 cents to end at $72.79, the highest selling rate dropped $4.71 to end at $94.05 and the lowest selling rate gained 50 cents to end at $87. The highest buying rate for the British Pound, fell 50 cents to end at $184.50. The lowest buying rate climbed $2.61 to $148.16, the highest selling rate climbed $1.85 to $190.99 and the lowest selling rate rose 50 cents to $177.50.
Jam$ gains against all on Monday
In foreign exchange trading on Monday, the Jamaican dollar gained against all the three major currencies it trades against. Inflows of foreign currencies into the system, increased slightly over Friday’s intake. At the close of trading, the equivalent of US$50,529,982 was bought by dealers, compared with US$44,956,234 on Friday, while they sold the equivalent of US$$49,583,967 versus US$47,742,798 previously.
In US dollar trading , dealers bought US$46,701,326 compared to US$40,384,483 on Friday. The buying rate for the US dollar fell 5 cents to $119.27 and US$47,603,305 was sold versus US$45,772,236 on Friday, the selling rate slipped 2 cents to end at $119.81. The Canadian dollar buying rate dropped $1.11 to $88.04, with dealers buying C$1,813,495 and selling C$842,800, at an average rate that declined 92 cents to $89.66. The rate for buying the
British Pound slipped 72 cents to $181.19 for the purchase of £1,482,109, while £625,353 was sold, at an average rate that fell 27 cents to $182.31. At the end of trading, it took J$132.38 to purchase the Euro, a rise of $1.13 from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.83 for a gain of $1.16 from Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$238,337 being bought, while US$398,353 was sold.
Highs & Lows| On Monday, the highest buying rate for the US dollar, rose 10 cents to $120.10, the lowest buying rate fell 75 cents to
$97.61, the highest selling rate rose 70 cents to end at $124.98 and lowest selling rate dropped 9 cents to end at $98.28. The highest buying rate for the Canadian dollar declined 90 cents to $91.10, the lowest buying rate rose 38 cents to end at $72.38, the highest selling rate jumped $5.56 to end at $98.76 and the lowest selling rate was unchanged at$86.50. The highest buying rate for the British Pound, climbed 40 cents to end at $185. The lowest buying rate fell $1.11 to $145.55, the highest selling rate climbed $1.42 to $189.14 and the lowest selling rate remained unchanged at $177.
Jam$ falls again on Friday
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.
Junior at new record close on Friday
The market ended with 2 stocks closing at a 52 weeks’ high while 3 securities ended with no bids to buy and 7 had no stocks being offered for sale. A total of 7 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, AMG Packaging closed at $4.80 with 11,653 units changing hands, the company reported big increase in profits after trading closed, with earnings for the full year to August of 78 cents per share, up from 45 cents in 2014. Blue Power had 12,850 shares changing hands at $13, Caribbean Cream with 733,032 shares changing hands ended at $3.40, Caribbean Flavours gained 6 cents while trading 68,950 units at $4.06, Caribbean Producers traded 51,000 units for a loss of 9 cents to end at $3.01. Consolidated Bakeries traded 417,000 shares, to end at $2 with a gain of 10 cents, for a 52 weeks’ high. Derrimon Trading had 71,260 units trading at $2.80 at the close with a loss of 20 cents, Dolphin Cove recovered from the big loss on Wednesday, to end at $13, with a gain of $1.40 on Friday, as 130,300 units changed hands.

General Accident ended with 65,155 shares changing hands at $1.70 after falling 20 cents, Knutsford Express traded 778 shares at $6.50. Lasco Distributors with 924,890 shares changing hands and closed with a loss of 30 cents to $3.10. Lasco Financial closed with a 15 cents decline at $2.40 after trading earlier at $2.60. A total of 597,056 shares changed hands, Lasco Manufacturing traded 804,759 shares to end with an increase of 3 cents to $3.43, Medical Disposables ended with 331,133 units changing hands to end with a gain of 50 cents to a new all-time high of $3 and Derrimon Trading 11.75% preference share had just 3,000 units changing hands at $2.20.
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 $ 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.


