Jamaican$ loses more vs US$ – Wednesday

In foreign exchange trading on Wednesday, the Jamaican dollar remained above J$125 to the United States currency as outflows were just below inflows while dealers’ buying rate rose by 38 cents.
The local dollar fell against the Canadian dollar, the euro and the British Pound.
Inflows of all currencies totaled US$45.09 million, versus US$37.12 million on Tuesday with the selling of US$42.65 million up from US$38.26 million on Tuesday.
In US dollar, trading, dealers sold US$36.10 million at an average of $125.29 at the close, compared to US$33.52 million at an average of $125.05 on Tuesday. US currency purchases by dealers, amounted to US$40.56 million at an average of $124.11 at the close, compared US$32.17 million at an average of $123.73.
On Wednesday at midday dealers purchased US$10.4 million at an average rate of J$124.35 and sold US$10.7 million at an average of J$125.24. At mid-day on Tuesday dealers purchased US$12.3 million at an average rate of J$123.93 and sold US$9.1 million at an average of J$124.90.
The selling rate for the Canadian dollar jumped to J$104.62 from J$100.20 at the close on Tuesday. The selling rate for the British Pound climbedl on Wednesday, to J$175.01 from J$172.34 previously and the euro fell in value against the Jamaican dollar at J$154.92 to buy the European common currency, versus the prior selling rate of J$153.04.

Jamaican$ back above 125 to US – Tuesday

In foreign exchange trading on Tuesday, the Jamaican dollar moved back above J$125 to the United States currency as outflows exceeded inflows and dealers buying rate rose by 6 cents.
The local dollar fell against the Canadian dollar and the euro but rose in value against the British Pound.
Inflows of all currencies totaled US$37.12 million, versus US$49.46 million on Monday with the selling of US$38.26 million down from US$41.18 million on Monday.
In US dollar, trading, dealers sold US$33.52 million at an average of $125.05 at the close, compared to US$37.59 million at an average of $124.90 on Monday. US currency purchases by dealers, amounted to US$32.17 million at an average of $123.73 at the close, compared US$43.79 million at an average of $123.67.
On Tuesday at midday dealers purchased US$12.3 million at an average rate of J$123.93 and sold US$9.1 million at an average of J$124.90. At mid-day on Monday dealers purchased US$22.2 million at an average rate of J$124.36 and sold US$13.9 million at an average of J$124.88.
The selling rate for the Canadian dollar inched to J$100.20 from J$100.15 at the close on Monday. The selling rate for the British Pound fell on Tuesday, to J$172.34 from J$173.57 previously and the euro fell in value against the Jamaican dollar at J$153.04 to buy the European common currency, versus the prior selling rate of J$152.11.

Jamaican$ back below 125 to US – Monday

Chart shows that the Jamaican dollar could go back to 120 to US dollar in 2018.

In foreign exchange trading on Monday, the Jamaican dollar fell below J$125 to the United States currency as inflows exceeded outflows and dealers buying rate declined by 12 cents.
The local dollar also gained against the Canadian dollar and the euro and fell in value against British Pound.
Inflows of all currencies rose to US$49.46 million, from US$36.01 million on Friday with the selling of US$41.18 million down from US$42.23 million on Friday.
In US dollar, trading dealers sold US$37.59 million at an average of $124.90 at the close, compared US$38.57 million at an average of $125.07 on Friday. US currency purchases by dealers, amounted to US$37.59 million at an average of $123.67 at the close, compared to US$31.79 million at an average of $123.79.
On Monday at midday dealers purchased US$22.2 million at an average rate of J$124.36 and sold US$13.9 million at an average of J$124.88. At mid-day on Friday dealers purchased US$9.86 million at an average rate of J$124.33 and sold US$7.9 million at an average of J$125.33.
The selling rate for the Canadian dollar dipped to J$100.15 from J$100.57 at the close on Friday. The selling rate for the British Pound climbed on Monday, to J$173.57 from J$170.44 previously and the euro fell in value against the Jamaican dollar at J$152.11 to buy the European common currency, versus the prior selling rate of J$153.82.

Jamaican$ sits above 125 to US on Friday

Add your HTML code here...

In foreign exchange trading on Friday, the Jamaican dollar remained above J$125 against the United States currency for the second day as outflows exceeded inflows.
At the close of trading on Friday, the rate the public bought the US dollar climbed 23 cents Jamaican but the rate dealers bought the Green back rose by 5 cents.
Trading for the week fell below that of the previous one, with inflows of US$262 million versus $235 million previously and outflows of US$191 and US$207 in the prior week.
Inflows of all currencies rose to US$36.01 million, from US$29.86 million on Thursday with the selling of US$42.23 million up from US$39.40 million on Thursday.
In US dollar, trading dealers sold US$38.57 million at an average of $125.07 at the close, compared US$32.50 million at an average of $124.80 on Thursday. US currency purchases by dealers, amounted to US$31.79 million at an average of $123.79 at the close, compared US$27.56 million at an average of $123.65.
On Friday at midday dealers purchased US$9.86 million at an average rate of J$124.33 and sold US$7.9 million at an average of J$125.33.

Foreign exchange trading fell off this past week vs the second week in January.

At mid-day on Thursday dealers purchased US$10.57 million at an average rate of J$124.17 and sold US$10.05 million at an average of J$125.07.
The selling rate for the Canadian dollar rose to J$100.57 from J$98.84 at the close on Thursday. The selling rate for the British Pound fell on Friday, to J$170.44 from J$172.86 previously and the euro rose in value against the Jamaican dollar at J$153.82 to buy the European common currency, versus the prior selling rate of J$153.76.

Jamaican$ over 125 to US – Thursday

In foreign exchange trading on Thursday, the Jamaican dollar fell against the United States currency to close back above J$125. The local dollar gained against the European and Canadian currency but fell against the Pound.
At the close of trading on Thursday, the rate the public bought the US dollar climbed 23 cents Jamaican but the rate dealers bought the Green back rose by 5 cents.
Inflows of all currencies fell to US$29.86 million, from US$39.84 million on Wednesday with the selling of US$39.40 million slightly up from US$38.79 million sold on Wednesday.
In US dollar, trading dealers sold US$36.44 million at an average of $125.03 at the close, compared US$32.50 million at an average of $124.80 on Wednesday. US currency purchases by dealers, amounted to US$27.56 million, at an average rate of $123.65, compared to Wednesday, with US$33.95 million, at an average rate of $123.60.
On Thursday at midday dealers purchased US$10.57 million at an average rate of J$124.17 and sold US$10.05 million at an average of J$125.07. At mid-day on Wednesday dealers purchased US$11.47 million at an average rate of J$124.06 and sold US$6.85 million at an average of J$124.80.
The selling rate for the Canadian dollar fell to J$98.84 from J$100.22 at the close on Wednesday. The selling rate for the British Pound rose again on Thursday, to J$172.86 from J$171.17 previously. The euro declined in value against the Jamaican dollar at J$153.76 to buy the European common currency, versus the prior selling rate of J$155.12.

Euro up sharply vs Jamaican$ – Wednesday

The euro jumped sharply in value against the Jamaican dollar on Wednesday to end at J$155.12 to buy the European common currency, up from J$151.76 on Tuesday.
At the close of trading on Wednesday, the rate the public bought the US dollar fell 16 cents Jamaican but the rate dealers bought the Green back jumped by 37 cents.
Inflows of all currencies climbed to US$39.84 million, from US$29.27 million on Tuesday with the selling of US$38.79 million slightly up from US$37.14 million sold on Tuesday.
In US dollar, trading dealers sold US$32.50 million at an average of $124.80 at the close, compared US$36.03 million at an average of $124.96 on Tuesday. US currency purchases by dealers, amounted to US$33.95 million, at an average rate of $123.60, compared to Tuesday, with US$26.30 million, at an average rate of $123.33.
On Wednesday at midday dealers purchased US$11.47 million at an average rate of J$124.06 and sold US$6.85 million at an average of J$124.80. At mid-day on Tuesday dealers purchased US$12.54 million at an average rate of J$122.87 and sold US$11.89 million at an average of J$124.91.
The selling rate for the Canadian dollar climbed to J$100.22 from J$99.94 at the close on Tuesday and the selling rate for the British Pound rose to J$171.17 from J$169.28 previously.

 

Jamaican$ lost ground – Tuesday

At the close of trading on Tuesday, the rate the public bought the US dollar climbed 9 cents Jamaican but the rate dealers bought the Green jumped by $1.04.
The local currency fell in value against the British Pound and the euro but rose against Canadian Dollar.
Inflows of all currencies ended at US$29.27 million, compared with US$26.63 million on Monday with the selling of US$37.14 million versus with US$33.40 million sold on Monday.
In US dollar, trading dealers sold US$36.03 million at an average of $124.96 at the close, compared US$31.63 million at an average of $124.87 on Monday. US currency purchases by dealers, amounted to US$26.30 million, at an average rate of $123.33, compared to Monday, with US$23.02 million, at an average rate of $122.29.
On Tuesday at midday dealers purchased US$12.54 million at an average rate of J$122.87 and sold US$11.89 million at an average of J$124.91. At mid-day on Monday dealers purchased US$6.84 million at an average rate of J$122.38 and sold US$5.52 million at an average of J$124.83.
The selling rate for the Canadian dollar climbed to J$99.94 from J$98.52 at the close on Monday. The selling rate for the British Pound fell to J$169.28 versus J$170.97 previously and the euro rose in value against the Jamaican dollar at J$ 151.76 to buy the European common currency, versus the prior selling rate of J$150.98.

Jamaican$ mostly lost ground – Monday

Chart shows that the Jamaican dollar could go back to 120 to US dollar in 2018.

At the close of trading on Monday, the rate the public bought the US dollar climbed 10 cents Jamaican but the rate dealers bought the Green back at, fell $1.49.
The local currency fell in value against the British Pound and the euro but rose against Canadian Dollar.
Inflows of all currencies ended at US$26.63 million, versus US$61.29 million on Friday with the selling of US$33.40 million compared with US$45.40 million sold on Friday.
In US dollar, trading dealers sold US$31.63 million at an average of $124.87 at the close, compared US$37.76 million at an average of $124.77 on Friday. US currency purchases by dealers, amounted to US$23.02 million, at an average rate of $122.29 , compared to Friday, with US$46.92 million, at an average rate of $123.78.
On Monday at midday dealers purchased US$6.84 million at an average rate of J$122.38 and sold US$5.52 million at an average of J$124.83. At mid-day on Friday dealers purchased US$16.39 million at an average rate of J$124.21 and sold US$17.18 million at an average of J$124.71.
The selling rate for the Canadian dollar fell to J$98.52 from J$99.59 at the close on Friday. The selling rate for the British Pound fell to J$170.97 versus J$168.58 previously and the euro fell in value against the Jamaican dollar at J$150.98 to buy the European common currency, versus the prior selling rate of J$148.14.

Jamaican$ recovered lost ground – Friday

At the close of trading on Friday, the rate the public bought the US dollar declined 2 cents Jamaican but the rate dealers bought the Green back increased by 8 cents.
The local currency rose in value against the British Pound and the euro and fell against Canadian Dollar.
Inflows of all currencies ended at US$61.29 million, versus US$38.29 million on Thursday with the selling of US$45.40 million compared with US$33.33 million sold on Thursday.
In US dollar, trading dealers sold US$37.76 million at an average of $124.77 at the close, compared US$31.56 million at an average of $124.79 on Thursday. US currency purchases by dealers, amounted to US$46.92 million, at an average rate of $123.78, compared to Thursday, with US$34.57 million, at an average rate of $123.70.
On Friday at midday dealers purchased US$16.39 million at an average rate of J$124.21 and sold US$17.18 million at an average of J$124.71. At mid-day on Thursday dealers purchased US$10.69 million at an average rate of J$123.86 and sold US$7.2 million at an average of J$124.75.
The selling rate for the Canadian dollar rose to J$99.59 from J$99.09 at the close on Thursday. The selling rate for the British Pound fell to J$168.58 versus J$169.14 previously and the euro fell in value against the Jamaican dollar at J$148.14 to buy the European common currency, versus the prior selling rate of J$149.02.

Jamaican$ slips vs US$ again

At the close of trading on Thursday, the rate the public bought the US dollar rose 2 cents Jamaican. The rate dealers bought the Green back slipped by 1 cent.
The local currency rose in value against the Canadian Dollar and fell against the British Pound and the euro.
Inflows of all currencies ended at US$38.29 million, versus US$47.49 million on Wednesday with the selling of US$33.33 million compared with US$43.74 million sold on Wednesday.
In US dollar, trading dealers sold US$31.56 million at an average of $124.79 at the close, compared US$40.59 million at an average of $124.77 on Wednesday. US currency purchases by dealers, amounted to US$34.57 million, at an average rate of $123.70, compared to Wednesday, with US$42.97 million, at an average rate of $123.71.
On Thursday at midday dealers purchased US$10.69 million at an average rate of J$123.86 and sold US$7.2 million at an average of J$124.75. At mid-day on Wednesday dealers purchased US$12.57 million at an average rate of J$124.18 and sold just US$6.48 million at an average of J$124.56.
The selling rate for the Canadian dollar fell to J$99.09 from J$100.22 at the close on Wednesday. The selling rate for the British Pound rose to J$169.14 versus J$169.01 previously and the euro rose in value against the Jamaican dollar at J$149.02 to buy the European common currency, versus the prior selling rate of J$148.58.