In Thursday’s forex trading, dealers sold US$6 million more than they bought on a day when the Jamaican dollar was fairly stable against Jamaica’s three major intervention currencies.
Authorized dealers bought the equivalent of US$32,486,790 on Thursday versus US$40,186,503 on Tuesday, and sold the equivalent of US$38,351,319 compared to US$40,462,437 on Tuesday. In US dollar trading, dealers bought US$26,851,403 compared to US$35,531,731 on Tuesday. The buying rate for the US dollar fell 13 cents to $112.08 and US$35,366,233 was sold versus US$37,371,084 on Tuesday, the selling rate gained 1 cent to $112.83. The Canadian dollar buying rate was up 10 cents, to $100.92 with dealers buying C$1,150,630 and selling C$734,920, the rate rose 4 cents to $103.30.
The Pound closed at $188.31, for the purchase of £2,211,754 as the rate rose 39 cents while £983,331 was sold, as the rate declined 36 cents, to $189.83. Other currencies bought, amounted to the equivalent of US$883,057 while selling was the equivalent of US$657,785.
Highs & Lows| The highest rate for buying the US dollar, fell 10 cents to $113.10, the lowest buying and the highest selling rates remained unchanged, at $91.85 and $117.70 respectively. The lowest selling rate closed $18.15 higher at $110. The highest buying rate for the Canadian dollar fell 18 cents to $103.82 and the lowest buying rate lost 17 cents to $81.59. The highest selling rate declined by 41 cents to $105.50 and the lowest selling rate was down 20 cents to $98.30. The highest buying rate for the British Pound climbed 55 cents to $191, the lowest buying rate was unchanged at $152.31, the highest selling rate rose 28 cents to $196.34 and lowest selling rate fell 70 cents to $183.50.
More Forex sold than bought
Jamaican$ fairly stable
In Tuesday’s forex trading, funds bought and sold by dealers were equally matched. Authorized dealers bought the equivalent of US$40,186,503 versus US$48,682,961 on Monday, and sold the equivalent of US$40,462,437 compared to US$44,817,815 on Monday.
In US dollar trading, dealers bought US$35,531,731 compared to US$43,475,603 on Monday. The buying rate for the US dollar rose 1 cent to $112.21 and US$37,371,084 was sold versus US$42,538,907 on Monday, the selling rate gained 1 cent to $112.82.
The Canadian dollar buying rate fell 43 cents, to $100.82 with dealers buying C$1,339,275 and selling C$987,260, the rate fell 9 cents to $103.26.
The Pound closed at $187.92, for the purchase of £1,935,086 as the rate rose 91 cents while £1,073,666 was sold, as the rate rose 11 cents, to $190.20. Other currencies bought, amounted to the equivalent of US$210,503 while selling was the equivalent of US$377,796.
Highs & Lows| The highest rate for buying the US dollar, fell 10 cents to $113.20, the lowest buying, the highest selling and the lowest selling rates remained unchanged, at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar rose 18 cents to $104 and the lowest buying rate lost 16 cents to $81.76. The highest selling rate declined by 59 cents to $106.91 and the lowest selling rate was down 20 cents to $98.50. The highest buying rate for the British Pound fell $1.05 to $190.45, the lowest buying rate was unchanged at $152.31, the highest selling rate dipped 28 cents to $196.06 and lowest selling rate climbed 70 cents to $184.20.
Jamaican$ gained against all
In Monday’s forex trading, funds bought by dealers, were US$4 million more than the amount they sold. Authorized dealers bought the equivalent of US$48,682,961 versus US$39,624,611 on Thursday, and sold the equivalent of US$44,817,815 compared to US$33,192,211 on Thursday.
In US dollar trading, dealers bought US$43,475,603 compared to US$33,363,187 on Thursday. The buying rate for the US dollar fell 17 cents to $112.19 and US$42,538,907 was sold versus US$29,758,889 on Thursday, the selling rate declined by 4 cents to $112.82.
The Canadian dollar buying rate fell $2.30, to $101.24 with dealers buying C$1,861,517 and selling C$630,031, the rate fell 51 cents to $103.36.
The Pound closed at $187.02, for the purchase of £1,598,529 as the rate dropped $1.18 while only £446,552 was sold, as the rate eased $1.02, to $190.09. Other currencies bought, amounted to the equivalent of US$862,883 while selling was for the equivalent of US$949,281.
Highs & Lows| The highest rate for buying the US dollar, rose 5 cents to $113.30, the lowest buying, and the highest selling rates remained unchanged at $91.85 and $117.70 respectively, the lowest selling dropped $1.45 to $91.85. The highest buying rate for the Canadian dollar declined $1.73 to $103.82 and the lowest buying rate lost 4 cents to $81.92. The highest selling rate was unchanged at $106.50 and the lowest selling rate was down 5 cents to $98.70. The highest buying rate for the British Pound remained at $191.50, the lowest buying rate declined by 16 cents to $152.31, the highest selling rate dipped 22 cents to $196.34 and lowest selling rate declined 20 cents to $183.50.
J$ loss value but with more buying than selling
In Thursday’s forex trading, funds bought by dealers, were US$6.5 million more than the amount they sold as dealers bought the equivalent of US$39,624,611 versus US$26,608,863 on Wednesday, and sold the equivalent of US$33,192,211 compared to US$28,847,941 on Wednesday.
In US dollar trading, dealers bought US$33,363,187 compared to US$22,632,506 on Wednesday. The buying rate for the US dollar rose 19 cents to $112.36 and US$29,758,889 was sold versus US$26,598,009 on Wednesday, as the rate increased by 6 cent to $112.85. The Canadian dollar buying rate rose $1.77, to $103.54 with dealers buying C$3,587,157 and selling C$2,547,374, the rate fell 58 cents to $103.86. The British Pound closed at $188.19, for the purchase of £1,423,837, as the rate dropped 99 cents while £568,086 was sold, as the rate increased 18 cents, to $191.11. Other currencies bought, amounted to the equivalent of US$571,212 while selling was the equivalent of US$126,760.
Highs & Lows| The highest rate for buying the US dollar, fell 5 cents rise to $113.25, the lowest buying, and the highest selling rates remained unchanged at $91.85 and $117.70 respectively, the lowest selling rose $1.45 to $93.30. The highest buying rate for the Canadian dollar declined 39 cents to $105.55 and the lowest buying rate lost 63 cents to $81.96. The highest selling was unchanged at $106.50 and the lowest selling rate was down 75 cents to $98.75. The highest buying rate for the British Pound remained at $191.50, the lowest buying rate declined by 42 cents to $152.47, the highest selling rate rose $1.96 to $196.56 and lowest selling rate declined $2.40 to $183.70.
J$ value improves against all 3
In Wednesday’s forex trading, funds bought by dealers, were US$2 million less than the amount they sold as dealers bought the equivalent of US$26,608,863 versus US$32,008,221 on Tuesday, and sold the equivalent of US$28,847,941 compared to US$34,764,399 on Tuesday.
In US dollar trading, dealers bought US$22,632,506 compared to US$27,561,242 on Tuesday. The buying rate for the US dollar rose 2 cents to $112.18 and US$26,598,009 was sold versus US$29,391,378 on Tuesday, as the rate declined by 4 cent to $112.79. The Canadian dollar buying rate fell 42 cents, to $101.77 with dealers buying C$1,036,102 and selling C$783,328, as the rate fell $1.01 to $104.45.
The Pound closed at $189.19, for the purchase of £1,676,798, as the rate dropped 1 cent while £507,735 was sold, as the rate shed 22 cents, to $190.92. Other currencies bought, amounted to the equivalent of US$208,442 while selling was the equivalent of US$665,056.
Highs & Lows| The highest rate for buying the US dollar, closed with a 10 cents rise to $113.30, the lowest buying, the highest selling and the lowest selling rates remained unchanged, for the fourth consecutive day, at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar climbed 44 cents to $105.94 and the lowest buying rate lost 4 cents to $82.59. The highest selling rate was down 2 cents to $106.50 and the lowest selling rate was down 5 cents to $99.50. The highest buying rate for the British Pound fell 50 cents to $191.50, the lowest buying rate declined by 41 cents to $152.89, the highest selling rate fell $3.03 to $194.60 and lowest selling rate was up $1.40 to $186.10.
Not much change to J$ value
In Tuesday’s forex trading, funds bought by dealers, were US$2.8 million less than the amount they sold as dealers bought the equivalent of US$32,008,221 versus US$45,308,423 on Monday, and sold the equivalent of US$34,764,399 compared to US$41,002,071 on Monday.
In US dollar trading, dealers bought US$27,561,242 compared to US$40,239,776 on Monday. The buying rate for the US dollar fell 13 cents to $112.16 and US$29,391,378 was sold versus US$38,791,195 on Monday, as the rate inched up by 1 cent to $112.83. The Canadian dollar buying rate fell 10 cents, to $102.19 with dealers buying C$1,082,634 and selling C$3,030,833, as the rate increased by 77 cents to $105.45. The Pound closed at $189.19, for the purchase of £1,624,669, as the rate dropped 27 cents while £1,007,267 was sold, as the rate shed 27 cents, to $191.14. Other currencies bought, amounted to the equivalent of US$719,920 while selling was the equivalent of US$833,936.
Highs & Lows| The highest rate for buying the US dollar, closed with a 5 cents fall to $113.20, the lowest buying, the highest selling and the lowest selling rates remained unchanged, for the third day running, at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar remained unchanged at $105.50 and the lowest buying rate lost 41 cents to $82.63. The highest selling rate was down 80 cents to $106.52 and the lowest selling rate was down 50 cents to $99.55. The highest buying rate for the British Pound was unchanged at $192, the lowest buying rate rose 16 cents to $153.30, the highest selling rate rose 21 cents to $197.63 and lowest selling rate was up 20 cents to $184.70.
J$ make gains against all 3 currencies
In Monday’s forex trading, funds bought by dealers, were US$4 million more than the amount they sold as dealers bought the equivalent of US$45,308,423 versus US$41,124,424 on Friday, and sold the equivalent of US$41,002,071 compared to US$37,641,679 on Friday.
In US dollar trading, dealers bought US$40,239,776 compared to US$37,161,136 on Friday. The buying rate for the US dollar fell 16 cents to $112.29 and US$38,791,195 was sold versus US$34,873,810 on Friday, as the rate declined 5 cents to $112.82. The Canadian dollar buying rate fell 33 cents, to $102.30 with dealers buying C$1,591,746 and selling C$960,718, as the rate dipped 21 cents to $104.68. The Pound closed at $189.46, for the purchase of £1,613,433, as the rate dropped 18 cents while £1,906,758 was sold, as the rate shed 67 cents, to $191.41. Other currencies bought, amounted to the equivalent of US$401,328 while selling was the equivalent of US$189,237.
Highs & Lows| The highest rate for buying the US dollar, closed with a 5 cents fall to $113.25, the lowest buying, the highest selling and the lowest selling rates remained unchanged at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar moved up 50 cents to $105.50 and the lowest buying rate lost 21 cents to $83.04. The highest selling rate was flat at $107.32 and the lowest selling rate was down 25 cents to $100.05. The highest buying rate for the British Pound was unchanged at $192, the lowest buying rate dropped 8 cents to $153.14, the highest selling rate rose $2.69 to $197.42 and lowest selling rate was unchanged at $184.50.
US$3.5M more bought than sold but J$ falls
In Friday’s forex trading, funds bought by dealers, were US$3.5 million more than the amount they sold as dealers bought the equivalent of US$41,124,424 versus US$29,237,131 on Thursday, and sold the equivalent of US$37,641,679 compared to US$34,773,160 on Thursday.
In US dollar trading, dealers bought US$37,161,136 compared to US$24,787,518 on Thursday as the buying rate for the US dollar, rose 13 cents to $112.45 and sold US$34,873,810 versus US$29,503,394 on Thursday, as the rate gained 4 cents to $112.87.
The Canadian dollar buying rate fell 85 cents, to $102.62 with dealers buying C$1,128,685 and selling C$673,047, as the rate dipped $1.27 to $106.16.
The Pound closed at $189.64, for the purchase of £1,613,433, as the rate dropped 27 cents while £1,132,114 was sold, as the rate climbed 59 cents, to $192.08. Other currencies bought, amounted to the equivalent of US$212,185 while selling was the equivalent of US$215,776.
Highs & Lows| The highest rate for buying the US dollar, closed with a rise of 20 cents at $113.30, the lowest buying, the highest selling and the lowest selling rates remained unchanged at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar fell 20 cents to $105 and the lowest buying rate gained 4 cents to $83.25. The highest selling rate inched up by 5 cents to $107.32 and the lowest selling rate was up 5 cents to $100.30. The highest buying rate for the British Pound was unchanged at $192, the lowest buying rate dropped 75 cents to $153.22, the highest selling rate fell $3.75 to $194.73 and lowest selling rate recovered $28.01 to $184.50.
Jamaican dollar slips versus US
In Wednesday’s forex trading, funds bought by dealers were more than US$4 million compared with the amount they sold, but trading levels were more than on Tuesday.
On Wednesday, dealers bought the equivalent of $34,161,145 versus US$25,710,419 on Tuesday and sold the equivalent of US$29,959,926 compared to US$24,985,551 on Tuesday.
In US dollar trading, dealers bought US$29,717,816 compared to US$23,198,261 on Tuesday as the buying rate for the US dollar, rose 14 cents to $112.21 and sold US$27,907,850 versus US$22,007,235 on Tuesday, as the rate gained 8 cents to $112.71.
The Canadian dollar buying rate rose 67 cents, to $103.59 with dealers buying C$1,175,625 and selling C$885,711 as the rate fell 19 cents, to $105.02.
The Pound closed at $190.45, for the purchase of £1,893,333 as the rate climbed $1.17, while only £617,633 was sold, with the rate dipped 47 cents, to $192.21. Other currencies bought, amounted to the equivalent of US$144,605 while selling was the equivalent of US$173,592.
Highs & Lows| The highest rate for buying the US dollar, closed with a gain of 10 cents at $113.20, the lowest buying rate and the highest selling rate remained unchanged at $91.85 and $117.70 respectively, whilst the lowest selling rate jumped $18.15 to $110.
The highest buying rate for the Canadian dollar increased by 15 cents, to $105.20 and the lowest buying rate was unchanged at $83.21. The highest selling rate declined by 18 cents to $107.03 and the lowest selling rate climbed $1.25 to $101.50. The highest buying rate for the British Pound, fell 50 cents to $192.80, the lowest buying rate jumped $7.42 to $161.30, the highest selling rate was up $2.82 to $198.48 and lowest selling rate was up 10 cents to $185.50.
Jamaican dollar gains versus US & Canadian
In Tuesday’s forex trading, buying and selling volumes were more closely matched with funds bought by dealers being slightly above the amounts sold. Dealers bought just over US$13 million in all currencies than they sold.
On Tuesday, dealers bought the equivalent of $25,710,419 versus US$47,763,088 on Monday and sold the equivalent of US$24,985,551 compared to US$34,622,132 on Monday.
In US dollar trading, dealers bought US$23,198,261compared to US$42,021,074 on Monday as the buying rate for the US dollar, slipped 6 cents to $112.08 and sold US$22,007,235 versus US$31,275,581 on Monday, as the rate eased 7 cents to $112.63.
The Canadian dollar buying rate rose 13 cents, to $102.93 with dealers buying C$852,194 and selling C$750,104 as the rate fell 9 cents, to $105.21.
The Pound closed at $189.29, for the purchase of £962,129 down 93 cents, while only £896,565 was sold, with the rate climbing by 40 cents, to $192.68. Other currencies bought, amounted to the equivalent of US$104,562 while selling was the equivalent of US$992,469.
Highs & Lows| All the highs and lows at the end of trading that moved declined. The highest rate for buying the US dollar, closed with a loss of 10 cents at $113.10, the lowest buying rate and the highest selling rate remained unchanged at $91.85 and $117.70 respectively, while the lowest selling rate dropped back by 16 cents cents to $91.85.
The highest buying rate for the Canadian dollar declined by 30 cents, to $105.05 and the lowest buying rate and the highest selling rate and the lowest selling rate were unchanged at $83.21, $107.21 and $100.25 respectively.The highest buying rate for the British Pound, fell 30 cents to $193.30, while the lowest buying and selling rates were unchanged at $153.88 and $185.40 respectively, the highest selling rate fell $3.36 to $195.66.
