Buying and selling of foreign currencies were evenly matched on Tuesday with purchases of all currencies by dealers, amounting to US$52,472,921 compared with the US$44,929,592, on Monday and selling amounted the equivalent of US$52,667,402 versus US$41,948,561 sold on Monday.
In US dollar trading, dealers bought US$47,894,069 compared to US$39,664,531 on Monday. The buying rate for the US dollar rose 18 cents to $115.46 and US$50,135,525 was sold versus US$39,600,050 on Monday, the selling rate fell 3 cents to $115.77. The Canadian dollar buying rate gained 34 cents to $90.34 with dealers buying C$1,006,374, and selling C$585,864, at an average rate that dipped 34 cents, to $91.99. The rate for buying the British Pound rose $1.40 to $175.06 for the purchase of £2,419,838, while £1,253,095 was sold, at an average rate of $176, a fall of 23 cents. At the end of trading it took J$131.27 to purchase the Euro, 10 cents lower than on Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.72 for a drop of 9 cents from Monday. Other currencies bought, amounted to the equivalent of US$122,408 while the equivalent of US$161,350, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 5 cents to $115.95, the lowest buying and the highest selling rates were unchanged at $94.36 and $120.91 respectively. The lowest selling rate dipped $3.15 to $91.20. The highest buying rate for the Canadian dollar fell 25 cents to $92.75, the lowest buying rate rose 42 cents at $73.46. The highest selling rate was unchanged at $94.96 and the lowest selling rate rose 50 cents to $88.50. The highest buying rate for the British Pound, rose 25 cents to $176.85. The lowest buying rate fell 67 cents to $140.89, the highest selling rate rose 34 cents to $181.63 and the lowest selling rate declined 25 cents to $169.75.
J$ gains against all on Tuesday
J$ holds against US, gains v others
Buying of foreign currencies were exceeded the amounts sold on Monday by US$3 million. Purchases of all currencies by dealers, translated to US$44,929,592 compared with the US$29,168,659, on Friday and selling amounted the equivalent of US$41,948,561 versus US$30,094,413 sold on Friday.
In US dollar trading, dealers bought US$39,664,531 compared to US$25,360,133 on Friday. The buying rate for the US dollar rose 1 cent to $115.28 and US$39,600,050 was sold versus US$27,840,423 on Friday, the selling rate remained at $115.80. The Canadian dollar buying rate dropped 54 cents to $90 with dealers buying C$1,232,481, and selling C$637,313, at an average rate that dipped 27 cents, to $92.33. The rate for buying the British Pound fell $1.29 to $173.66 for the purchase of £2,659,571, while £983,934 was sold, at an average rate of $176.23, a fall of 31 cents. At the end of trading it took J$131.37 to purchase the Euro, 99 cents lower than on Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.81 for a drop of $1.03 from Friday. Other currencies bought, amounted to the equivalent of US$296,630 while the equivalent of US$343,000, was sold.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the highest selling rates were unchanged at $115.90, $94.36 and $120.91 respectively. The lowest selling rate dipped $17.15 to $94.35. The highest buying rate for the Canadian dollar rose by 50 cents to $93, the lowest buying rate was unchanged at $73.04. The highest selling rate eased 4 cents to $94.96 and the lowest selling rate was unchanged at $88. The highest buying rate for the British Pound, lost 10 cents to $176.60. The lowest buying rate was unchanged at $141.56, the highest selling rate rose 18 cents to $181.29 and the lowest selling rate declined 55 cents to $170.
J$ holds against US, down on Pound
Buying and selling of foreign currencies were almost evenly matched on Friday, unlike trading earlier in the week, when for 3 days sales to the public were much more than the amount bought by dealers. Purchases of all currencies by dealers, translated to US$29,168,659 compared with the US$30,400,269, on Thursday and selling amounted the equivalent of US$30,094,413 versus US$38,333,066 sold on Thursday.
In US dollar trading, dealers bought US$25,360,133 compared to US$26,474,381 on Thursday. The buying rate for the US dollar fell 5 cents to $115.27 and US$27,840,423 was sold versus US$36,376,817 on Thursday, the selling rate remained at $115.80. The Canadian dollar buying rate dropped 11 cents to $90.54 with dealers buying C$1,130,911, and selling C$505,081, at an average rate that climbed 11 cents, to $92.60. The rate for buying the British Pound gained 74 cents to $174.95 for the purchase of £1,830,887, while £917,400 was sold, at an average rate of $176.54, a rise of 76 cents. At the end of trading it took J$132.37 to purchase the Euro, 11 cents higher than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.84 for an increase of 18 cents from Thursday. Other currencies bought, amounted to the equivalent of US$141,638 while the equivalent of US$451,559, was sold.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the highest selling rates were unchanged at $115.90, $94.36 and $120.91 respectively. The lowest selling rate rose $17.14 to $111.50. The highest buying rate for the Canadian dollar eased by $1.10 to $92.50, the lowest buying rate fell 21 cents to $73.04. The highest selling rate dropped $20.65 to $95 and the lowest selling rate is down 25 cents to $88. The highest buying rate for the British Pound, gained 20 cents to $176.70. The lowest buying rate gained 67 cents to $141.56, the highest selling rate fell 52 cents to $181.11 and the lowest selling rate increased 80 cents to $170.55.
US$10m more sold than bought
Dealers again sold more foreign exchange than they bought on Thursday, similar to Tuesday and Wednesday. At the close of trading, US$8 million more of all foreign currencies were sold than the amounts bought. The net sale of US dollar currency, amounted to $10 million.
Purchases of all currencies by dealers, translated to US$30,400,269 compared with the US$33,677,040, on Wednesday and selling amounted the equivalent of US$38,333,066 versus US$52,309,853 sold on Wednesday.
In US dollar trading, dealers bought US$26,474,381 compared to US$29,144,721 on Wednesday. The buying rate for the US dollar climbed 10 cents to $115.32 and US$36,376,817 was sold versus US$48,604,969 on Wednesday, the selling rate rose 3 cents to $115.80. The Canadian dollar buying rate dropped 61 cents to $90.65 with dealers buying C$1,327,874, and selling C$568,224, at an average rate that climbed 45 cents, to $92.49. The rate for buying the British Pound gained $1.15 to $174.20 for the purchase of £1,099,040, while £469,471 was sold, at an average rate of $175.77, a rise of $1.24. At the end of trading it took J$132.26 to purchase the Euro, 27 cents lower than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.66 for a decline of 31 cents from Wednesday. Other currencies bought, amounted to the equivalent of US$1,221,793 while the equivalent of US$789,800, was sold.
Highs & Lows| The highest buying rate for the US dollar, fell 10 cents to $115.90. The lowest buying and the highest selling rates were unchanged at $94.36 and $120.91 respectively. The lowest selling rate declined $18.64 to $94.36. The highest buying rate for the Canadian dollar eased by 40 cents to $93.60, the lowest buying rate rose 29 cents to $73.25. The highest selling rate put on $20.04 to $115.65 and the lowest selling rate is up 35 cents to $88.25. The highest buying rate for the British Pound, gained 48 cents to $176.50. The lowest buying rate gained $1.16 to $140.89, the highest selling rate rose $1.66 to $181.63 and the lowest selling rate increased $1.40 to $169.75.
Dealers sold US$18m over buying
There was more selling of foreign currencies than buying by dealers on Wednesday, similar to Tuesday’s trading. Purchases of all currencies by dealers, translated to US$33,677,040 compared with the US$32,436,213, on Tuesday and selling amounted the equivalent of US$52,309,853 versus US$44,560,563 sold on Tuesday.
In US dollar trading, dealers bought US$29,144,721 compared to US$28,223,145 on Tuesday. The buying rate for the US dollar fell 3 cents to $115.22 and US$48,604,969 was sold versus US$42,457,660 on Tuesday, the selling rate remained at $115.77. The Canadian dollar buying rate rose $1.58 to $91.26 with dealers buying C$2,862,479, and selling C$2,525,837, at an average rate that climbed 42 cents, to $92.04. The rate for buying the British Pound gained 35 cents to $173.05 for the purchase of £1,053,193, while £719,957 was sold, at an average rate of $174.53, a rise of 56 cents. At the end of trading it took J$132.53 to purchase the Euro, $1.20 higher than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.97 for an increase of $1.07 over Tuesday. Other currencies bought, amounted to the equivalent of US$683,280 while the equivalent of US$611,448, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 10 cents to $116. The lowest buying and the highest selling rates were unchanged at $94.36 and $120.91 respectively. The lowest selling rate climbed $18.64 to $113. The highest buying rate for the Canadian dollar climbed $1.30 cents to $94, the lowest buying rate rose 58 cents to $72.96. The highest selling rate put on $1.13 to $95.61 and the lowest selling rate is up 40 cents to $87.90. The highest buying rate for the British Pound, gained $1.34 to $176.02. The lowest buying rate gained 87 cents to $139.73, the highest selling rate rose 96 cents to $179.97 and the lowest selling rate increased $1.05 to $168.35.
J$ falls against Pound & Canadian
There was more selling of foreign currencies than buying by dealers on Tuesday, reversing the trend of more buying than selling on Friday last and on Monday. Purchases of all currencies by dealers, translated to US$32,436,213 compared with the US$44,621,999, on Monday and selling amounted the equivalent of US$44,560,563 versus US$39,191,588 sold on Monday.
In US dollar trading, dealers bought US$28,223,145 compared to US$41,625,677 on Monday. The buying rate for the US dollar fell 11 cents to $115.25 and US$42,457,660 was sold versus US$37,401,869 on Monday, the selling rate fell 1 cent to $115.77. The Canadian dollar buying rate rose 67 cents to $89.68 with dealers buying C$1,244,395, and selling C$732,799, at an average rate that climbed 56 cents, to $91.62. The rate for buying the British Pound gained $1.47 to $172.70 for the purchase of £2,063,515, while £874,757 was sold, at an average rate of $173.97, after rising 20 cents. At the end of trading it took J$131.33 to purchase the Euro, 64 cents higher than on Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.89 for an increase of 48 cents over Monday. Other currencies bought, amounted to the equivalent of US$152,537 while the equivalent of US$208,402, was sold.
Highs & Lows| The highest buying rate for the US dollar, fell 10 cents to $115.90. The lowest buying and the highest selling rates were unchanged at $94.36 and $120.91 respectively. The lowest selling rate dropped $1.86 to $94.36. The highest buying rate for the Canadian dollar fell 30 cents to $92.70, the lowest buying rate rose 50 cents to $72.38. The highest selling rate put on 43 cents to $94.48 and the lowest selling rate is up 90 cents to $87.50. The highest buying rate for the British Pound, gained 68 cents to $174.68. The lowest buying rate eased 58 cents to $138.86, the highest selling rate lost 75 cents to $179.01 and the lowest selling rate dropped 40 cents to $167.30.
J$ gains against all – Monday
There was more buying of foreign currencies than selling for the second day running leading to the Jamaican dollar gaining ground on Monday against all main currencies. Purchases of all currencies by dealers, translated to US$44,621,999 compared with the US$51,909,364, on Friday and selling amounted the equivalent of US$39,191,588 versus US$44,032,835 sold on Friday.
In US dollar trading, dealers bought US$41,625,677 compared to US$46,629,667 on Friday. The buying rate for the US dollar fell 17 cents to $115.36 and US$37,401,869 was sold versus US$41,752,070 on Friday, the selling rate fell 3 cents to $115.78. The Canadian dollar buying rate declined $2.11 to $89.01 with dealers buying C$1,518,060, and selling C$713,161, at an average rate that dropped 82 cents, to $91.06. The rate for buying the British Pound dropped $1.42 to $171.23 for the purchase of £1,067,484, while £699,167 was sold, at an average rate of $173.77, after falling $1.07. At the end of trading it took J$130.69 to purchase the Euro, 62 cents lower than on Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.41 for a fall of 64 cents from Friday. Other currencies bought, amounted to the equivalent of US$240,496 while the equivalent of US$179,478, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 10 cents to $116. The lowest buying and the highest selling rates were unchanged at $94.36 and $120.91 respectively. The lowest selling rate dropped $16.88 to $96.22. The highest buying rate for the Canadian dollar fell $1 to $93, the lowest buying rate eased $1.08 to $71.88. The highest selling rate fell $1.85 to $94.05 and the lowest selling rate dropped $1.80 to $86.60. The highest buying rate for the British Pound, dipped $1 to $174. The lowest buying rate eased 62 cents to $139.44, the highest selling rate lost 80 cents to $179.76 and the lowest selling rate dropped $2.30 to $167.70.
J$ stable V US up on Can$ – Friday
The selling rate for the three main currencies against the Jamaican dollar was mixed on Friday, remaining unchanged against the US dollar, increasing for the Pound but falling for the Canadian dollar. Purchases of all currencies by dealers, translated to US$51,909,364 compared with the US$52,659,123, on Thursday and selling amounted the equivalent of US$44,032,835 versus US$48,382,955 sold on Thursday.
In US dollar trading, dealers bought US$46,629,667 compared to US$49,365,865 on Thursday. The buying rate for the US dollar fell 3 cents to $115.53 and US$41,752,070 was sold versus US$44,040,735 on Thursday, with the selling rate remaining at $115.81. The Canadian dollar buying rate climbed 62 cents to $91.12 with dealers buying C$1,769,973, and selling C$839,442, at an average rate that dropped $1.67, to $91.88. The rate for buying the British Pound rose 55 cents to $172.65 for the purchase of £2,509,615, while £767,609 was sold, at an average rate of $174.84, after rising by 23 cents. At the end of trading it took J$131.31 to purchase the Euro, 1 cent lower than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.06 for an increase of 39 cents from Thursday. Other currencies bought, amounted to the equivalent of US$133,367 while the equivalent of US$455,994, was sold.
Highs & Lows| The highest buying rate for the US dollar, shed 5 cents to $115.90 and lowest buying rate gained $5.21 to $94.36 while the highest selling rate was unchanged at $120.91. The lowest selling rate was up 10 cents to $113.10. The highest buying rate for the Canadian dollar fell $2.95 to $94, the lowest buying rate inched down 54 cents to $72.96. The highest selling rate fell $3.02 to $95.90 and the lowest selling rate dropped 60 cents to $88.40. The highest buying rate for the British Pound, dipped 40 cents to $175. The lowest buying rate eased 54 cent to $140.06, the highest selling rate gained $1.23 to $180.56 and the lowest selling rate rose $1.30 to $170.
J$ down on US & pound up on Canadian – Thursday
The selling rate for the Jamaican dollar increased on Thursday against the Pound and the US dollar but improved against the Canadian dollar. Purchases of all currencies by dealers, translated to US$52,659,123 compared with the US$32,242,695, on Wednesday and selling amounted the equivalent of US$48,382,955 versus US$31,020,751 sold on Wednesday.
In US dollar trading, dealers bought US$49,365,865 compared to US$27,070,796 on Wednesday. The buying rate for the US dollar rose 38 cents to $115.56 and US$44,040,735 was sold versus US$28,365,728 on Wednesday, with the selling rate climbing 2 cents to $115.81. The Canadian dollar buying rate fell 61 cents to $90.50 with dealers buying C$1,116,802, and selling C$3,636,641, at an average rate that rose 36 cents, to $93.55. The rate for buying the British Pound dropped $1.18 to $172.10 for the purchase of £955,128, while £387,733 was sold, the rate fell 80 cents to $174.61. At the end of trading it took J$131.32 to purchase the Euro, 67 cents lower than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.67 for a decline of $1.04 from Wednesday. Other currencies bought, amounted to the equivalent of US$996,171 while the equivalent of US$820,125, was sold.
Highs & Lows| The highest buying and the highest selling rates for the US dollar, were unchanged at $115.95 and $120.91 respectively. The lowest buying rate dropped $5.21 to $89.15 while the lowest selling rate leapt $20.75 to $113. The highest buying rate for the Canadian dollar jumped $3.65 to $96.95, the lowest buying rate inched up 9 cents to $73.50. The highest selling rate rose $3.92 to $98.92 and the lowest selling rate dropped $1.30 to $89. The highest buying rate for the British Pound, dipped $1.60 to $175.40. The lowest buying rate rose $1.49 to $140.60, the highest selling rate fell 39 cents to $179.33 and the lowest selling rate dived $2.90 to $168.70.
BOJ sells to forex market again
Bank of Jamaica intervened in the forex market on Tuesday for the second consecutive day by selling into the system, helping to swell the amounts traded to the $50 million mark. The intervention did not stop slippage in the Jamaican dollar as it fell in value against the US and the British Pound, but gained on Canadian dollar. Purchase of all currencies by dealers, translated to US$51,232,598 compared with the US$79,904,490, on Monday and selling amounted the equivalent of US$49,400,152 versus US$79,481,863 sold on Monday.
In US dollar trading, dealers bought US$47,569,610 compared to US$75,875,427 on Monday. The buying rate for the US dollar rose 4 cents to $115.50 and US$47,164,249 was sold versus US$74,047,298 on Monday, with the selling rate climbing 2 cents to $115.77. The Canadian dollar buying rate increased by $1.24 to $91.65 with dealers buying C$1,666,842, and selling C$1,086,045, at an average rate that dropped 14 cents, to $92.84. 
The rate for buying the British Pound rose 65 cents to $172.44 for the purchase of £1,473,816, while £693,617 was sold, the rate rose 46 cents to $174.61. At the end of trading it took J$130.29 to purchase the Euro, 10 cents higher than on Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.01, an increase of 35 cents over Monday. Other currencies bought, amounted to the equivalent of US$139,997 while the equivalent of US$318,885, was sold.
Highs & Lows| The highest buying rate for the US dollar, dipped $1.10 to $115.90 and the lowest buying rate rose 5 cents to $94.36. The highest selling rate was unchanged at $120.91, while the lowest selling rate rose $2.03 to $96.22. 
The highest buying rate for the Canadian a dollar fell 37 cents to $93.63, the lowest buying fell 46 cents to $73.41. The highest selling rate fell $1.77 to $95.23 and the lowest selling rate eased 55 cents to $88.45. The highest buying rate for the British Pound, jumped $1.40 to $175.80. The lowest buying rate rose 50 cents to $139.11, the highest selling rate remained at $178.69 and the lowest selling rate was up 60 cents to $167.60.
