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 $176.80.
Excess foreign currency bought in 2 days
More US$ 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.
Sell off of US dollars continues but rate holds
In Wednesday’s forex trading, the Jamaican dollar gained a cent, against the important US dollar, but lost value against the Pound and the Canadian dollar, as authorized dealers sold more foreign currency than they purchased, similar to that on Tuesday. Dealers bought the equivalent of US$30,445,681 versus US$34,338,154 on Tuesday, and sold the equivalent of US$35,474,287 compared with US$40,477,535 on Tuesday.
In US dollar trading, dealers bought US$24,647,857 compared to US$29,935,672 on Tuesday. The buying rate for the US dollar fell 15 cents to $112.23 and US$31,434,012 was sold versus US$37,367,280 on Tuesday, the selling rate dipped by a cent to $112.70. The Canadian dollar buying rate climbed $1.80 to $101.91 with dealers buying C$2,051,326 and selling C$1,735,773 at an average selling rate that rose 65 cents to $102.81.
The rate for theBritish Pound climbed $1.08 to $183.07, for the purchase of £2,375,469, while £1,386,251 was sold, the rate rose by 80 cents to $183.52. Other currencies bought, amounted to the equivalent of US$81,201, while selling was for the equivalent of US$199,594.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the highest selling rates remained unchanged at $113.10, $91.85 and $117.70 respectively. The lowest selling rate fell by $16.70 to $93.30. The highest buying rate for the Canadian dollar rose 55 cents to $103, the lowest buying rate remained at $80.63. The highest selling rate is down 53 cents to $104.97. The lowest selling rate moved up 45 cents to $97.60. The highest buying rate for the British Pound, rose $1.10 to $184.50, the lowest buying rate gained 95 cents to $146.20. The highest selling rate fell 94 cents to $187.70 and the lowest selling rate fell 15 cents to $176.15.
US dollar sells off but J$ rate holds
In Tuesday’s forex trading, the Jamaican dollar remained stable against the important US dollar, made gains against the Pound and lost value against the Canadian dollar, as authorized dealers sold more foreign currency than they purchased. Dealers bought the equivalent of US$34,338,154 versus US$41,974,274 on Monday, and sold the equivalent of US$40,477,535 compared with US$51,652,857 on Monday. 
In US dollar trading, dealers bought US$29,935,672 compared to US$37,126,539 on Monday. The buying rate for the US dollar inched up 13 cents to $112.38 and US$37,367,280 was sold versus US$48,978,690 on Monday, the selling rate was unchanged at $112.71. The Canadian dollar buying rate dropped 80 cents to $100.11 with dealers buying C$893,359 and selling C$651,352 at an average selling rate that rose 7 cents to $102.16.The rate for the British Pound fell 10 cents to $180.99, for the purchase of £1,922,482, while £1,351,968 was sold, the rate eased by 19 cents to $182.72. Other currencies bought, amounted to the equivalent of US$510,474, while selling was for the equivalent of US$328,233.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the highest selling rates remained unchanged at $113.10, $91.85 and $117.70 respectively. The lowest selling rate rebound by $18.15 to $110. The highest buying rate for the Canadian dollar rose 35 cents to $102.45, the lowest buying rate fell 34 cents to $80.63. The highest selling rate is up $1.12 to $105.50. The lowest selling rate rose 30 cents to $97.15. The highest buying rate for the British Pound, rose 40 cents to $183.40, the lowest buying rate was unchanged at $145.25. The highest selling rate fell 36 cents to $188.64 and the lowest selling rate is up $1.30 to $176.30.
J$ makes gains against all three
In Monday’s forex trading, the Jamaican dollar made gains against all three major intervention currencies, as authorized dealers sold more foreign currency than they purchased. Dealers bought the equivalent of US$41,974,274 versus US$46,365,635 on Friday, and sold the equivalent of US$51,652,857 compared with US$43,946,770 on Friday.
In US dollar trading, dealers bought US$37,126,539 compared to US$41,403,298 on Friday. The buying rate for the US dollar fell 17 cents to $112.25 and US$48,978,690 was sold versus US$39,207,452 on Friday, the selling rate fell a cent to $112.71.The Canadian dollar buying rate dropped 67 cents to $100.91 with dealers buying C$2,267,277 and selling C$1,754,190 at an average selling rate that eased by 34 cents to $102.08. The rate for theBritish Pound rose 90 cents to $181.09, for the purchase of £1,638,207, while £597,521 was sold, the rate eased by 6 cents to $182.91. Other currencies bought, amounted to the equivalent of US$166,545, while selling was for the equivalent of US$115,744.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the highest selling rates remained unchanged at $113.10, $91.85 and $117.70 respectively. The lowest selling rate dropped by $18.15 to $91.85. The highest buying rate for the Canadian dollar fell $1.40 to $102.10, the lowest buying rate remained unchanged at $80.97. The highest selling rate fell 16 cents to $104.38. The lowest selling declined 70 cents to $96.85. The highest buying rate for the British Pound, the lowest buying and the lowest selling rates were unchanged at $183, $145.25 and $175 respectively. The highest selling rate was up $2.01 to $189.
A bit more J$ needed to buy foreign currencies
In Thursday’s forex trading, authorized dealers purchased more foreign currency than they sold, in contrast to Wednesday when they sold more than the amount bought. Dealers bought the equivalent of US$32,981,835 versus US$32,537,413 on Wednesday, and sold the equivalent of US$29,532,263 compared with US$38,133,906 on Wednesday.
In US dollar trading, dealers bought US$30,856,612 compared to US$26,802,568 on Wednesday. The buying rate for the US dollar fell 1 cent to $112.32 and US$28,145,549 was sold versus US$34,429,946 on Wednesday, the selling rate remained at $112.74. The Canadian dollar buying rate lost $1.57 to $100.04 with dealers buying C$551,113 and selling C$512,953 at an average selling rate that increased by 31 cents to $102.56. The rate for theBritish Pound declined $1.12 to $180.08, for the purchase of £873,202, while £453,368 was sold, the rate climbed by 67 cents to $181.86. Other currencies bought, amounted to the equivalent of US$111,872, while selling was for the equivalent of US$347,657.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the highest selling rates remained unchanged at $113.10, $91.85 and $117.70 respectively, and the lowest selling rate fell, 9 cents to $110. The highest buying rate for the Canadian dollar fell 42 cents to $102.30, the lowest buying, the highest and the lowest selling rates remained unchanged at $80.97, $105. 50 and $97.55 respectively. The highest buying rate for the British Pound, declined $1.08 to $182.80, the lowest buying rate dropped $7.52 to $145.25. The highest selling rate fell $1.25 to $187.25 and the lowest selling rate remained at $175.
Selling more than buying but J$ stable
In Wednesday’s forex trading, authorized dealers purchased less foreign currency than they sold, in contrast to Tuesday when they sold more than the amount bought. Dealers bought the equivalent of US$32,537,413 versus US$39,158,938 on Tuesday, and sold the equivalent of US$38,133,906 compared with US$36,807,071 on Tuesday.
In US dollar trading, dealers bought US$26,802,568 compared to US$34,532,237 on Tuesday. The buying rate for the US dollar fell 5 cents to $112.33 and US$34,429,946 was sold versus US$32,534,928 on Tuesday, the selling rate rose 1 cent to $112.74.
The Canadian dollar buying rate gained 87 cents to $101.61 with dealers buying C$1,892,810 and selling C$1,518,401 at an average selling rate that dipped a cent to $102.25.
The rate for theBritish Pound climbed $1.03 to $181.20, for the purchase of £2,424,184, while £1,231,406 was sold, the rate declined by 27 cents to $181.20. Other currencies bought, amounted to the equivalent of US$111,872, while selling was for the equivalent of US$347,657.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the highest selling rates remained unchanged at $113.10, $91.85 and $117.70 respectively, and the lowest selling was up, $18.24 to $110.09. The highest buying rate for the Canadian dollar fell 78 cents to $102.72, the lowest buying rate declined 87 cents to $80.97, the highest selling rate fell 70 cents to $105.50 and the lowest selling rate dived $1.05 to $97.55. The highest buying rate for the British Pound, dropped $3.62 to $183.88, the lowest buying rate gained $7.02 to $152.77. The highest selling rate fell $1.21 to $188.50 and the lowest selling rate jumped $20.75 to $175.
Buoyant flows keep Jamaican$ stable
In Tuesday’s forex trading, authorized dealers purchased more foreign currency than they sold, in contrast to Monday when they sold more than the amount bought. Dealers bought the equivalent of US$39,158,938 versus US$42,854,290 on Monday, and sold the equivalent of US$36,807,071 compared with US$44,672,575 on Monday.
In US dollar trading, dealers bought US$34,532,237 compared to US$37,012,175 on Monday. The buying rate for the US dollar rose 9 cents to $112.37 and US$32,534,928 was sold versus US$41,385,912 on Monday, the selling rate was unchanged at $112.73.
The Canadian dollar buying rate fell 12 to $100.74 with dealers buying C$875,601 and selling C$682,991 at an average selling rate that dipped 64 cents to $102.26.
The rate for theBritish Pound dived $1.64 to $180.17, for the purchase of £1,981,421, while £1,574,895 was sold, as the rate declined by 80 cents to $181.47. Other currencies bought, amounted to the equivalent of US$664,854, while selling was for the equivalent of US$1,117,348.
Highs & Lows| The highest buying rate for the US dollar, rose 16 cents to $113.10 and lowest buying rate remained unchanged at $91.85. The highest selling rate rose $3 to $117.70 and the lowest selling was unchanged at $91.85. The highest buying rate for the Canadian dollar remained at $103.50, the lowest buying rate declined 25 cents to $81.84, the highest selling rate rose 11 cents to $106.20 and the lowest selling rate gained $16.43 to $98.60. The highest buying rate for the British Pound, climbed $1.19 to $187.50, the lowest buying rate gained $5.25 to $145.75. The highest selling rate increased by $1.21 to $189.71 and the lowest selling rate dropped $24.55 to $154.25.
Jamaican$ gains against all
In Monday’s forex trading, authorized dealers purchased less foreign currency than they sold. Dealers bought the equivalent of US$42,854,290 versus US$39,277,073 on Friday, and sold the equivalent of US$44,672,575 compared with US$36,643,681 on Friday.
In US dollar trading, dealers bought US$37,012,175 compared to US$34,634,771 on Friday. The buying rate for the US dollar fell 10 cents to $112.28 and US$41,385,912 was sold versus US$33,089,971 on Friday, the selling rate fell 2 cent to $112.72.The Canadian dollar buying rate fell $1.25 to $100.87 with dealers buying C$1,046,096 and selling C$482,077 at an average selling rate that dropped $1.50 to $102.89.The rate for theBritish Pound dived 82 cents to $181.81, for the purchase of £2,339,820, while £1,104,450 was sold, as the rate declined by $1.58 to $182.27. Other currencies bought, amounted to the equivalent of US$1,113,672, while selling was for the equivalent of US$1,060,760.
Highs & Lows| The highest buying rate for the US dollar, fell 16 cents to $112.94 and lowest buying rate remained unchanged at $91.85. The highest selling rate rose 70 cents to $114.70 and the lowest selling rate dropped $17.99 to $91.85. The highest buying rate for the Canadian dollar fell 40 cents to $103.50, the lowest buying rate declined 29 cents to $82.09, the highest selling rate rose 36 cents to $106.09 and the lowest selling rate declined $17.08 to $82.17. The highest buying rate for the British Pound, climbed $1.31 to $186.31, the lowest buying rate declined $7.61 to $140.50. The highest selling rate fell 14 cents to $188.50 and the lowest selling rate inched up 35 cents to $178.80.
Jamaican $ gains against pound & US$
In Friday’s forex trading, authorized dealers purchased more foreign currency than they sold. Dealers bought the equivalent of US$39,277,073 versus US$32,479,891 on Thursday, and sold the equivalent of US$36,643,681 compared with US$37,797,115 on Thursday.
In US dollar trading, dealers bought US$34,634,771 compared to US$27,452,497 on Thursday. The buying rate for the US dollar rose 12 cents to $112.38 and US$33,089,971 was sold versus US$33,759,732 on Thursday, the selling rate fell 1 cent to $112.75.
The Canadian dollar buying rate fell 52 cents to $102.12 with dealers buying C$1,153,204 and selling C$1,120,704 at an average selling rate that gained 82 cents to $104.39.
The rate for theBritish Pound dived $1.63 to $182.63, for the purchase of £1,662,228, while £802,746 was sold, as the rate declined by $1.44 to $183.85. Other currencies bought, amounted to the equivalent of US$893,093, while selling was for the equivalent of US$1,207,087.
Highs & Lows| The highest buying rate for the US dollar, fell 10 cents to $113.10 and lowest buying rate remained unchanged at $91.85. The highest selling rate dropped $3.70 to $114 and the lowest selling rate fell 66 cents to $109.84. The highest buying rate for the Canadian dollar rose 5 cents to $103.90, the lowest buying rate rose 71 cents to $82.38, the highest selling rate declined 29 cents to $105.73 and the lowest selling rate rose 85 cents t0 $99.25. The highest buying rate for the British Pound, fell 74 cents to $185, the lowest buying rate declined 38 cents $148.11. The highest selling rate fell $2.78 to $188.64 and the lowest selling rate declined by 45 cents to $178.45.
