The selling rate of the Jamaican dollar gained against the US dollar on Friday but lost value against the Pound and the Canadian dollar. Dealers bought the equivalent of US$5 million more than the amount they sold in all currencies, taking the surplus purchased in the last ten days to US$31 million, with the amount bought by dealers bringing in US$39,149,128 while they sold US$33,935,011, compared to US$42,540,905 purchased and US$39,173,759 sold on Thursday.
In US dollar trading, dealers bought US$36,478,342 compared to US$38,938,631 on Thursday as the buying rate for the US dollar fell 8 cents to $125.78. A total of US$32,685,350 was sold versus US$36,995,002 on Thursday with the selling rate declining by 1 cent to end at $126.37. The Canadian dollar buying rate fell 38 cents to end at $93.74 with dealers buying C$786,372 and selling C$416,532, at an average rate that rose 93 cents to $97.35. The average rate for buying the British Pound rose 86 cents to $161.65 for the purchase of £1,551,063, while just £581,751 was sold, with the rate climbing 94 cents to $163.27.
At the end of trading, the selling rate for Euro, declined by 8 cents to close at J$139.07 from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$137.45, for a fall of 95 cents from Thursday’s rate. The US dollar equivalent of other currencies traded amounts to US$91,301 being bought, while US$177,131 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Friday, include, a sharp drop of $19.30 in the lowest selling rate of the US dollar to close at $102.95, a rise of $1.90 in the lowest selling rate of the Canadian Dollar to $93.50. The highest buying rate of the British Pound dropped $1.85 to $165.15, the lowest buying rate rose 83 cents to end at $131.14, the highest selling rate slipped $2.61 to close at $170.64 while the lowest selling rate jumped $6 to end at $156.

The selling rate of the Jamaican dollar gained against the three major international currencies on Thursday, with dealers buying the equivalent of US$3.4 million more than the amount they sold in all currencies, taking the surplus purchased in the last nine days to US$26 million, with the amount bought by dealers bringing in US$42,540,905 while they sold US$39,173,759, compared to US$36,409,528 purchased and US$38,432,327 sold on Wednesday.
In US dollar trading, dealers bought US$38,938,631 compared to US$34,179,993 on Wednesday as the buying rate for the US dollar rose 12 cents to $125.86. A total of US$36,995,002 was sold versus US$37,284,442 on Wednesday with the selling rate declining by 9 cents to end at $126.38. The Canadian dollar buying rate rose 52 cents to end at $94.12 with dealers buying C$954,725 and selling C$643,879, at an average rate that dropped 47 cents to $96.42. The average rate for buying the British Pound fell 6 cents to $160.79 for the purchase of £1,820,691, while just £911,188 was sold, with the rate dropping 54 cents to $162.33.
At the end of trading, the selling rate for Euro, declined by $1.20 to close at J$139.16 from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$138.40, for a rise of 86 cents from Wednesday’s rate. The US dollar equivalent of other currencies traded amounts to US$562,371 being bought, while US$517,190 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Thursday include, a sharp jump of $19.30 in the lowest selling rate of the US dollar to close at $122.25, a fall of $1.60 in the lowest selling rate of the Canadian Dollar to $91.60. The highest buying rate of the British Pound gained $1 to $167, the lowest buying rate fell $1.66 to end at $130.31, the highest selling rate rose $1.53 to close at $173.25 while the lowest selling rate slipped $3 to end at $150.

The foreign exchange market closed on Tuesday with dealers selling the equivalent of US$7.6 million more than the amount they bought in all currencies, cutting the surplus purchased in the last seven days to just under US$25 million, with the amount bought by dealers bringing US$41,291,337 while they sold US$48,935,256, compared to US$34,816,027 purchased and US$27,530,551 sold on Monday.
In US dollar trading, dealers bought US$37,461,931 compared to US$32,597,751 on Monday as the buying rate for the US dollar rose 30 cents to $125.70. A total of US$46,552,628 was sold versus US$26,126,325 on Monday with the selling rate rising by 7 cents to end at $126.35. The Canadian dollar buying rate rose by $1.27 to end at $95.34 with dealers buying C$1,643,548 and selling C$1,255,725, at an average rate that dropped $2.19 to $96.95. The average rate for buying the British Pound climbed $1.02 to $163.17 for the purchase of £1,663,078, while £676,667 was sold, with the rate dropped $2.54 to $166.
At the end of trading, the selling rate for Euro, rose 7 cents to close at J$140.65 from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$137.57, for a fall of 51 cents from Monday’s rate. The US dollar equivalent of other currencies traded amounts to US$423,920 being bought, while US$530,120 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Tuesday include, a sharp fall of $6.46 in the highest buying rate of the US dollar to close at $126.70, a surge of $10.95 in the lowest buying rate to $102.95 and a big jump of $28.50 in the lowest selling rate to end at $121.50. There was a decline of $3.68 in the highest buying rate of the Canadian Dollar to $97.30. The lowest buying rate for the British Pound fell $1.49 to $132.80, the highest selling rate jumped $5.26 to close at $180 while the lowest selling rate gained $7.50 to end at $156..

Trading levels fell below a normal Monday with a subdued amount of inflows and outflows coming off heavy inflows on Friday. In the process the Jamaica dollar remained stable against the United States dollar but slipped versus the Pound and Canadian, with trading leading to a 6th straight day of more buying of foreign currency by dealers than selling.
The foreign exchange market closed with dealers buying the equivalent of US$7 million more than the amount sold in all currencies, bringing the surplus purchased in the last six days to just under US$32 million, with the amount bought by dealers bringing US$$34,816,027 while they sold US$27,530,551, compared to US$63,555,858 purchased and US$42,928,790 sold on Friday.
In US dollar trading, dealers bought US$32,597,751 compared to US$61,641,959 on Friday as the buying rate for the US dollar fell 53 cents to $125.40. A total of US$26,126,325 was sold versus US$41,808,480 on Friday with the selling rate remaining unchanged at $126.28. The Canadian dollar buying rate rose by 19 cents to end at $94.07 with dealers buying C$1,008,510 and selling C$971,896, at an average rate that climbed $2.80 to $99.14. The average rate for buying the British Pound dipped $1.67 to $162.15 for the purchase of £1,031,175, while £447,195 was sold, with the rate jumping $1.16 to $168.54.
At the end of trading, the selling rate for Euro, rose 17 cents to close at J$140.57 from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$138.08, for a rise of 45 cents from Friday’s rate. The US dollar equivalent of other currencies traded amounts to US$128,393 being bought, while US$44,402 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Monday include, a sharp rise of $6.56 in the highest buying rate of the US dollar to close at $133.16, a drop of $10.96 in the lowest buying rate to $92 and a fall $9.91 in the lowest selling rate to end at $93. There was a rise of $3.18 in the highest buying rate of the Canadian Dollar to $100.98, a rise of 90 cents in the lowest selling rate to close at $91.60. The British Pound suffered losses, with the highest buying rate dropping $2.42 to $167.58, the lowest buying rate dropped $1.42 at $134.29 and the highest selling rate dived $6.26 to close at $174.74.

The Jamaica dollar had one of the best periods against the United States dollar this week, with the selling rate hardly moving from the close of Friday, June 23 of $126.35 to close on Friday July 1, at $126.28 as more inflows of US dollars came into the system than the amounts sold.
The foreign exchange market closed with dealers buying the equivalent of US$11.6 million more than the amount sold in all currencies, bringing the surplus purchased in the last five days to just under US$25 million, with the amount bought by dealers bringing US$63,555,858 while they sold US$42,928,790, compared to US$37,497,494 purchased and US$36,347,234 sold on Thursday.
In US dollar trading, dealers bought US$61,641,959 compared to US$34,965,091 on Thursday as the buying rate for the US dollar rose 15 cents to $125.93. A total of US$41,808,480 was sold versus US$35,041,039 on Thursday with the selling rate falling 10 cents to $126.28. The Canadian dollar buying rate rose by 17 cents to end at $93.88 with dealers buying C$759,027 and selling C$545,417, at an average rate that dropped $1.54 to $96.34. The average rate for buying the British Pound dipped $2.43 to $163.83 for the purchase of £941,985, while £441,374 was sold, with the rate dropping $2.47 to $167.38.
At the end of trading, the selling rate for Euro, rose 10 cents to close at J$140.41 from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$137.64, for a fall of 20 cents from Thursday’s rate. The US dollar equivalent of other currencies traded amounts to US$122,582 being bought, while US$119,171 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Friday include, a rise of $1.80 in the highest buying rate of the Canadian Dollar to $97.80, a rise of 80 cents in the lowest selling rate to close at $90.70. The British Pound had a mixed day of trading, with the highest buying rate dropping $12.50 to $170, but the lowest buying rate jumped $15.71 at $135.71, the highest selling rate dived by $6 to close at $181 and the lowest selling rate dropped by $4.50 to end at $148.50.

The Jamaica dollar was fairly stable against the US dollar but lost value against the Canadian dollar and the severely battered Pound, at the close of forex trading on Wednesday.
The foreign exchange market closed with dealers buying the equivalent of US$1.7 million less than the amount sold in all currencies, bringing the surplus purchased in three days down to $12 million, with the total bought by dealers amounting to US$53,634,075 while they sold US$55,336,297, in contrast to US$56,629,059 purchased and US$53,695,732 sold on Tuesday.
In US dollar trading, dealers bought US$50,461,084 compared to US$53,017,555 on Tuesday as the buying rate for the US dollar rose 5 cents to $126.04. A total of US$53,396,084 was sold versus US$52,006,860 on Tuesday with the selling rate falling 1 cent to $126.37. The Canadian dollar buying rate fell by 63 cents to end at $93.13 with dealers buying C$694,722 and selling C$644,792, at an average rate that climbed 45 cents to $96.68. The average rate for buying the British Pound dived 96 cents to $165.85 for the purchase of £1,322,771, while £989,527 was sold, with the rate climbing $2.37 to $169.59.
At the end of trading, the selling rate for Euro, rose 95 cents to close at J$139.66 from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$137.14, for a gain of $1.17 from Tuesday’s rate. The US dollar equivalent of other currencies traded amounts to US$919,037 being bought, while US$118,966 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Wednesday, a gain of $1.66 in the highest buying rate of the Canadian Dollar to $98.56, a rise of $2 in the lowest selling rate to close at $92. The British Pound suffered sharp declines again, following sharp fall in the UK currency on the world market since last week, except for a rise in the lowest selling rate. The highest buying rate of the pound, dived $8.50 to $171.50, the lowest buying rate dropped $11.31 to $120, the highest selling rate fell $5.71 to close at $184 and the lowest selling rate rose by $3.80 to end at $159.