Big sell off of Canadian dollars – Friday

In trading in the foreign exchange market on Friday the Canadian Dollar was the dominant currency traded with just C$10 million bought but C$60 million sold.
The rate of exchange to buy the US dollar by the public rose on Friday to $126.64 as dealers sold US$24.76 million of the US dollar, compared to US$32.99 million at an average rate of $126.62 on Thursday.
US currency purchases amounted to US$28.39 million on Friday, at an average rate of $125.38 compared to Thursday, with US$32.30 million at $125.76.
Dealers’ purchased US$38.85 million, versus US$47.89 million on Thursday in all currencies in Jamaica’s forex market and sold US$73.49 million compared with US$46.03 million of all currencies sold previously.
For the week the equivalent of US$271 million was bought by dealers and US$281 million sold compared with buying of $257 million the week before and selling of $240 million.
The selling rate for the Canadian dollar rose to J$99.99 from J$99.72 at the close on Thursday as the Canadian dollar dominated trading. The selling rate for the British Pound rose to J$166.43 versus J$165.67 on Thursday and the euro fell in value against the Jamaican dollar, to J$148.11 to buy the European common currency, versus J$148.78 previously.

Jamaican$ gains – Thursday

The rate of exchange to buy the US dollar by the public rose on Thursday to $126.62 as dealers sold US$32.99 million of the US dollar, compared to US$47.67 million at an average rate of $126.74 on Wednesday.
US currency purchases amounted to US$32.30 million on Thursday, at an average rate of $125.76 compared to Wednesday with US$44.36 million at $125.89.
Dealers’ purchased US$47.89 million, versus US$55.58 million on Wednesday in all currencies in Jamaica’s forex market and sold US$46.03 million compared with US$58.02 million of all currencies sold previously.
The selling rate for the Canadian dollar declined to J$99.72 from J$99.90 at the close on Wednesday. The selling rate for the British Pound fell to J$165.67 versus J$167.18 on Wednesday and the euro surged in value against the Jamaican dollar, to J$148.78 to buy the European common currency, versus J$150.01 previously.

Jamaican$ value slips – Wednesday

The rate of exchange to buy the US dollar by the public rose on Wednesday to $126.74 as dealers sold US$47.67 million of the US dollar, compared to US$48.09 million at an average rate of $126.64 on Tuesday.
US currency purchases amounted to US$44.36 million on Wednesday, at an average rate of $125.89 compared to Tuesday with US$59.23 million at $126.15.
Dealers’ purchases dipped to US$55.58 million, versus US$74.79 million on Wednesday in all currencies in Jamaica’s forex market and sold US$58.02 million compared with US$61.65 million of all currencies sold previously.
The selling rate for the Canadian dollar declined to J$99.90 from J$100.20 at the close on Tuesday. The selling rate for the British Pound jumped to J$167.18 versus J$165.09 on Tuesday and the euro surged in value against the Jamaican dollar, to J$150.01 to buy the European common currency, versus J$147.39 previously.

Jamaican$ value remains steady – Tuesday

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The rate of exchange to buy the US dollar by the public was unchanged on Tuesday at $126.64 as dealers sold US$48.09 million of the US dollar, compared to US$36.75 million at an average rate of $126.64 on Monday.
US currency purchases amounted to US$59.23 million on Tuesday, at an average rate of $126.15 compared to Monday with US$48.04 million at $125.77.
Dealers’ purchases climbed to US$74.79 million, versus US$53.77 million on Tuesday in all currencies in Jamaica’s forex market and sold US$61.65 million compared with US$41.69 million of all currencies sold previously.
The selling rate for the Canadian dollar inched lower to J$100.20 from J$100.21 at the close on Monday. The selling rate for the British Pound fell to J$165.09 versus J$166.02 on Monday and the euro decline in value against the Jamaican dollar, to J$147.39 to buy the European common currency, versus J$147.66 previously.

Jamaican$ value rises – Monday

The rate of exchange to buy the US dollar by the public fell on Monday to $126.64 as dealers sold US$36.75 million of the US dollar, compared to US$38.30 million at an average rate of $126.83 on Friday.
US currency purchases amounted to US$48.04 million on Friday, at an average rate of $125.77 compared to Friday with US$31.29 million at $125.65.
Dealers purchased US$53.77 million, versus US$39.92 million on Monday in all currencies in Jamaica’s forex market and sold US$41.69 million compared with US$45.92 million of all currencies sold previously.
The selling rate for the Canadian dollar inched up to J$100.21 from J$100.20 at the close on Friday. The selling rate for the British Pound slipped to J$166.02 versus J$166.14 on Friday and the euro decline in value against the Jamaican dollar, to J$147.662 to buy the European common currency, versus J$148.62 previously.

Jamaican$ value slips moderately – Friday

The rate of exchange to buy the US dollar by the public, increased on Friday to $126.83 as dealers sold US$38.30 million in the US dollars compared to US$34.63 million, at an average rate of $126.75 on Thursday.
US currency purchases amounted to US$31.29 million on Friday, at an average rate of $125.65 compared to Thursday, with US$39.10 million at $126.95.
Dealers purchased US$39.92 million, versus US$53.58 million on Thursday in all currencies in Jamaica’s forex market and sold US$45.92 million compared with US$47.74 million of all currencies sold previously.
For the week a total of US$257 million was bought by dealers and they sold $240 million, but trades in US dollar resulted in dealers buying $204 million and the sale of $200 million..
At Midday, dealers bought US$13.16 million at J$126.89 and sold US$10.5 million at J$126.81 compared to the purchase of US$15.6 million at J$126.33 and selling of US$15.1 million at J$126.81.
The selling rate for the Canadian dollar rose to J$100.20 from J$100.03 at the close on Thursday. The selling rate for the British Pound slipped to J$166.14 versus J$166.19 on Thursday and the euro rose in value against the Jamaican dollar, to J$148.62 to buy the European common currency, versus J$146.18 previously.

Jamaican$ improves to $126.75 to US$ – Thursday

The rate of exchange for to buy the US dollar by the public slipped further on Thursday to $126.75 as dealers sold US$34.63 million of the US dollar, compared to US$35.83 million at an average rate of $126.90 on Wednesday.
US currency purchases amounted to US$39.10 million on Thursday, at an average rate of $125.95 compared to Wednesday, with US$37.17 million at $126.06.
Dealers purchased US$53.58 million, versus US$47.42 million on Wednesday in all currencies in Jamaica’s forex market and sold US$47.74 million compared with US$45.70 million of all currencies sold previously.
At Midday, dealers bought US$15.6 million at J$126.32 and sold US$15.1 million at J$126.81 compared to the purchase of US$13.2 million at J$126.51 and selling of US$6.66 million at J$126.81.
The selling rate for the Canadian dollar rose to J$100.03 from J$99.65 at the close on Wednesday. The selling rate for the British Pound rose to J$166.19 versus J$166.02 on Wednesday and the euro fell in value against the Jamaican dollar, to J$146.18 to buy the European common currency, versus J$149.02 previously.

Jamaican$ trades at $126.90 – Wednesday

The rate of exchange for to buy the US dollar by the public slipped further on Wednesday to $126.90 as dealers sold US$35.83 million of the US dollar, compared to US$49.57 million at an average rate of $126.91 on Tuesday.
US currency purchases amounted to US$37.17 million on Wednesday, at an average rate of $126.11 compared to Tuesday, with US$48.22 million at $126.02.
Dealers purchased US$47.42 million, versus US$52.58 million on Tuesday in all currencies in Jamaica’s forex market and sold US$45.70 million compared with US$52.88 million of all currencies sold previously.
At Midday, dealers bought US$13.2 million at J$126.51 and sold US$6.66 million at J$126.81 compared to the purchase of US$11.5 million at J$126.14 and selling of US$10.8 million at J$126.82.
The selling rate for the Canadian dollar rose to J$99.65 from J$99.38 at the close on Tuesday. The selling rate for the British Pound dropped to J$166.02 versus J$165.76 on Tuesday and the euro gained in value against the Jamaican dollar, to J$149.02 to buy the European common currency, versus J$148.23 previously.

Jamaican$ trades below $127 – Tuesday

The rate of exchange for to buy the US dollar by the public dipped below the $127 mark to settle on Tuesday at $126.91 as dealers sold US$49.57 million of the US dollar, compared to US$41.28 million at an average rate of $127.03 on Monday.
US currency purchases amounted to US$48.22 million on Tuesday, at an average rate of $126.11 compared to Monday, with US$48.09 million at $126.02.
Dealers purchased US$52.58 million, versus US$63.31 million on Monday in all currencies in Jamaica’s forex market and sold US$52.88 million compared with US$48.01 million of all currencies sold previously.
At Midday, dealers bought US$11.5 million at J$126.14 and sold US$10.8 million at J$126.82 compared to the purchase of US$24.1 million at J$126.52 and selling of US$15.6 million at J$127.
The selling rate for the Canadian dollar slipped to J$99.38 from J$99.65 at the close on Monday. The selling rate for the British Pound rose to J$166.76 versus J$165.04 on Monday and the euro gained in value against the Jamaican dollar, to J$148.23 to buy the European common currency, versus J$146.98 previously.

Jamaican$ up in value on – Monday

Trading in the foreign market on Monday resulted in a modest rise in the value of the Jamaican dollar against the US dollar as US$41.28 million of the US dollar was sold by dealers at an average rate of $127.03 to the US dollar, compared to US$42.5 million at an average rate of $127.11 on Friday.
US currency purchases amounted to US$48.09 million on Monday, at an average rate of $126.02 compared to Friday, with US$44.48 million at $126.29.
Dealers purchased US$63.31 million, versus US$57.4 million on Friday in all currencies in Jamaica’s forex market and sold US$48.01 million compared with US$73.4 million of all currencies sold previously.
At Midday, dealers bought US$24.1 million at J$126.52 and sold US$15.6 million at J$127 compared to the purchase of US$14.4 million at J$126.66 and selling of US$17.1 million at J$127.12.
The selling rate for the Canadian dollar climbed to J$99.65 from J$99.92 at the close on Friday. The selling rate for the British Pound dropped to J$165.27 versus J$165.27 on Friday and the euro lost value against the Jamaican dollar, to J$146.98 to buy the European common currency, versus J$147 previously.

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