Inflows of all currencies into Jamaica’s forex market fell back to more normal levels on Thursday with US$30.75 million bought by dealers, down from Wednesdays’ sharp jump to US$91.14 million, while dealers sold only US$26.40 million versus US$45.67 million.
US currency purchases accounted for US$28.22 million at an average of J$129.82 versus J$130.80 for US$88.93 million on Wednesday, while dealers sold US$24.62 million at JS$131 compared to J$131.18 for US$44.44 million previously.
The selling rate for the Canadian dollar rose to J$107.09 from J$106.75, at the close on Wednesday while the British Pound was marginally less costly, with J$177.81 buying the British currency versus J$177.82 previously and the euro, gained value against the Jamaican dollar, with it taking J$158.92 to buy the European common currency, versus J$157.62 previously.

On the day Bank of Jamaica auctioned off US$30 million to dealers, inflows of all currencies jumped sharply to a very high US$91.14 million, up from US$56.56 million on Tuesday and dealers sold US$45.67 million versus US$37.94 million.
US currency purchases accounted for US$88.93 million at an average of J$130.80 versus J$130.27 for US$51.92 million on Tuesday, while dealers sold US$44.44 million at JS$131.18 compared to J$131.177 for US$36.32 million previously.
The selling rate for the Canadian dollar dropped to J$106.75 from J$108.04, at the close on Tuesday while the British Pound was more costly, with J$177.82 buying the British currency versus J$175.99 previously and the euro, gained value against the Jamaican dollar, with it taking J$157.62 to buy the European common currency, versus J$157.24 previously.

The rate the public paid for the US dollar at, eased on Monday to JS$131.09 down from J$131.31 on Friday, as dealers sold US$38.44 million compared to US$52.68 million on Friday.
Dealers bought US$43.67 million in US currency, at an average of J$129.82 versus J$130.46 on Friday when they purchased US$63.42 million.
On Monday, dealers purchased the equivalent of US$46.95 million up from US$68.16 million and selling US$40.62 million versus US$58.12 million on Friday.
The selling rate for the Canadian dollar rose to J$106.17 from J$105.95, at the close on Friday while the British Pound was less costly, with J$173.48 buying the British currency versus J$174.10 previously and the euro, fell slightly in value against the Jamaican dollar, with it taking J$159.32 to buy the European common currency, versus J$159.58 previously.

Bank of Jamaica auctioned off US$20 million on Wednesday and the amount seems to have swollen foreign exchange trading volumes on Thursday, with dealers buying the equivalent of US$70.98 million and selling US$70.8 million. 
On Wednesday dealers bought US$50.45 million versus US$31.03 million on Wednesday and in US currency they bought US$58.56 million, at an average of J$130.30 versus J$129.68 on Wednesday, when they purchased US$45.41 million. The rate to buy the US dollar by the public, rose to an average of J$131.22, in trading US$59.51 million from J$130.51 for US$27.84 million on Wednesday.
The selling rate for the Canadian dollar rose to J$107.94 from J$107.43, at the close on Wednesday while the British Pound was more costly, with J$172.97 buying the British currency versus J$172.62 previously and the euro, fell in value against the Jamaican dollar, with it taking J$156.51 to buy the European common currency, versus J$157.01 previously.

Dealers in the Jamaican foreign exchange market bought the equivalent of US$19.4 million more foreign exchange on Wednesday than they sold but the rate to buy the US dollar by the public, rose to an average of J$130.51 trading US$27.84 million from J$130.14 for US$21.70 million on Tuesday.
Dealers bought US$45.41 million in US currency at an average of 99 cents more than on Tuesday, at J$129.68 versus J$128.69 when they purchased US$29.18 million.
Trading of all currencies ended with the equivalent of US$50.45 million purchases by dealers on Wednesday versus Tuesday’s levels of US$33.50 million while they sold US$31.03 million compared with US$24.32 million on Tuesday.
The selling rate for the Canadian dollar slipped to J$107.43 from J$107.52 at the close on Tuesday while the British Pound was more costly, with J$172.62 buying the British currency versus J$170.09 previously and the euro, rose in value against the Jamaican dollar, with it taking J$157.01 to buy the European common currency, versus J$156.29 previously.

At the end of trading on Tuesday, the rate to buy the US dollar by the public, rose to an average of J$130.14 from J$129.93 previously while dealers bought the US currency at an average of J$128.69 versus J$128.88 on Monday.
Trading in the Jamaican foreign exchange market ended with more normal levels on Tuesday versus Monday’s levels, resulting in US$ 33.50 of purchases by dealers of all currencies and outflows of US$24.32 million.
In contrast, purchases by dealers on Monday amounted to the equivalent of US$57.88 million while dealers sold US$34.37 million.
In USA dollar trading, inflows ended at US$29.18 million versus US$50.25 million on Monday with outflows of US$21.70 million compared to US$29.08 million.
The selling rate for the Canadian dollar rose to J$107.52 from J$107.10 at the close on Monday while the British Pound was more costly, with J$170.09 buying the British currency versus J$169.58 and the euro, lost value against the Jamaican dollar, with it taking J$156.29 to buy the European common currency, versus J$159.25 previously.

Trading in the Jamaican foreign exchange market rose on Monday over Friday’s levels, resulting in US$57.88 of purchases by dealers of all currencies and outflows of US$34.37 million.
In contrast, purchases by dealers on Friday amounted to the equivalent of US$32.08 million while dealers sold US$33.58 million.
In USA dollar trading, inflows ended at US$50.25 million versus US$28.73 million on Friday with outflows of US$29.08 million compared to US$31.87 million.
At the end of trading, the US dollar was sold at an average rate of J$129.93 from J$130.11 previously while dealers bought the US currency at an average of J$128.88 versus J$128.35 on Friday.
The selling rate for the Canadian dollar climbed to J$107.10 from J$106.95 at the close on Friday while the British Pound was more costly, with J$169.58 buying the British currency versus J$168.87 and the euro, gained value against the Jamaican dollar, with it taking J$159.25 to buy the European common currency, versus J$157.26 previously.

Inflows of finds into the system for the first week of September fell to just US$171 million from US$270 million in the first week of August while outflows stood at US$145 million versus US$213 million for the same period.
Trading in the Jamaican foreign exchange market slowed on Friday, resulting in US$32.08 of purchases by dealers of all currencies and outflows of US$33.58 million.
In contrast, purchases by dealers on Thursday amounted to the equivalent of US$34.55 million while dealers sold US$25.84 million.
In USA dollar trading, inflows ended at US$28.73 million versus US$32.45 million on Thursday with outflows of US$31.87 million compared to US$24.24 million.
At the end of trading, the US dollar was sold at an average rate of J$130.11 from J$129.96 previously while dealers bought the US currency at an average of J$128.35 versus J$128.69 on Thursday.
The selling rate for the Canadian dollar climbed to J$106.95 from J$105.61 at the close on Thursday while the British Pound was less costly, with J$168.87 buying the British currency versus J$169.24 and the euro, lost value against the Jamaican dollar, with it taking J$157.26 to buy the European common currency, versus J$157.79 previously.

Trading in the Jamaican foreign exchange market remained elevated on Wednesday, resulted in US$50.57 of purchases by dealers of all currencies and outflows of US$42.83 million.
In contrast, purchases by dealers on Tuesday amounted to the equivalent of US$53.88 million while dealers sold US$42.39 million.
In USA dollar trading, inflows ended at US$40.92 million versus US$46.71 million on Tuesday with outflows of US$34.27 million compared to US$36.62 million.
At the end of trading, the US dollar was sold at an average rate of J$129.91 from J$129.42 previously while dealers bought the US currency at an average of J$128.63 versus J$128.29 on Tuesday.
The selling rate for the Canadian dollar climbed to J$105.61 from J$105.17 at the close on Tuesday while the British Pound was more costly, with J$168.72 buying the British currency versus J$165.79 and the euro, gained in value against the Jamaican dollar, with it taking J$155.69 to buy the European common currency, versus J$155.95 previously.