The Jamaican dollar made further gains in recovering lost value on Friday, with the rate against the US dollar that dealers sold at, falling to $129.91 from JS$129.99 on Thursday.
Inflows of all currencies into Jamaica’s forex market ended on Friday at US$37.34 million down from Thursday’s US$46.71 million, while dealers sold US$37.23 million versus US$50.04 million, previously.
US currency purchases, accounted for US$28.65 million of the total inflows, at an average of J$128.49 versus J$129.12 for US$36.83 million on Thursday, while dealers sold US$30.35 million compared to US$38.66 million previously.
The selling rate for the Canadian dollar dropped to J$105.10 from J$105.55 at the close on Thursday. The British Pound dropped to J$173.88 for buying the British currency versus J$176.21 previously and the euro declined in value against the Jamaican dollar, with it taking J$152.45 to buy the European common currency, versus J$157.14, previously.

The Jamaican dollar made gains on Thursday, with the rate against the US dollar falling back below $130 after it surged earlier in the month to more than J$131 to the US.
Selling by Bank of Jamaica through the new weekly auction system of US$75 million since the last week in August seems to have met most of the demand so far. Inflows of all currencies into Jamaica’s forex market ended on Thursday at US$46.71 million down from Wednesday’s US$48.90 million, inclusive of the BOJ auction sale of US$10 million, while dealers sold US$50.04 million versus US$47.27 million, previously.
US currency purchases, accounted for US$36.83 million of the total inflows, at an average of J$129.12 versus J$129.40 for US$40.57 million on Wednesday, while dealers sold US$38.66 million at JS$129.99 compared to J$130.37 for US$39.66 million previously.
The selling rate for the Canadian dollar dropped to J$105.55 from J$105.80 at the close on Wednesday. The British Pound was marginally more costly, with J$176.21 buying the British currency versus J$175.50 previously and the euro rose in value against the Jamaican dollar, with it taking J$157.14 to buy the European common currency, versus J$154.06 previously.

Inflows of all currencies into Jamaica’s forex market, rose on Wednesday to US$48.90 million from Tuesdays’ US$45.06 million, while dealers sold US$47.27 million versus US$49.48 million, previously.
Bank of Jamaica weekly auction scheduled for Wednesday would have pumped $10 million into the system and is expected to be included in the total inflows.
US currency purchases, accounted for US$40.57 million of the total inflows, at an average of J$129.40 versus J$129.26 for US$36.50 million on Tuesday, while dealers sold US$39.66 million at JS$130.37 compared to J$130.45 for US$41.60 million previously.
The selling rate for the Canadian dollar dropped to J$105.80 from J$106.41 at the close on Tuesday. The British Pound was marginally more costly, with J$175.50 buying the British currency versus J$175.34 previously and the euro fell in value against the Jamaican dollar, with it taking J$154.06 to buy the European common currency, versus J$156.15 previously.

Inflows of all currencies into Jamaica’s forex market rose on Tuesday to US$45.06 million from Mondays’ US$41.73 million, while dealers sold US$49.48 million versus US$40.33 million, previously.
US currency purchases, accounted for US$36.50 million at an average of J$129.26 versus J$129.28 for US$36.29 million on Monday, while dealers sold US$41.60 million at JS$130.45 compared to J$130.52 for US$36.04 million previously.
The selling rate for the Canadian dollar rose to J$106.41 from J$106.06, at the close on Monday. The British Pound was marginally more costly, with J$175.34 buying the British currency versus J$175.30 previously and the euro, fell slightly in value against the Jamaican dollar, with it taking J$156.15 to buy the European common currency, versus J$156.18 previously.

Inflows of all currencies into Jamaica’s forex market dipped on Monday to US$41.73 million from Fridays’ US$51.07 million, while dealers sold US$40.33 million versus US$35.61 million, previously.
US currency purchases, accounted for US$36.29 million at an average of J$129.28 versus J$129.78 for US$40.99 million on Friday, while dealers sold US$36.04 million at JS$130.52 compared to J$131.18 for US$29.71 million previously.
The selling rate for the Canadian dollar fell to J$106.06 from J$106.43, at the close on Friday. The British Pound was less costly, with J$175.30 buying the British currency versus J$176.75 previously and the euro, fell in value against the Jamaican dollar, with it taking J$156.18 to buy the European common currency, versus J$157.29 previously.

Inflows of all currencies into Jamaica’s forex market jumped on Friday of US$51.07 million from Thursdays’ US$30.75 million, while dealers sold only US$35.61 million versus US$26.40 million.
US currency purchases accounted for US$40.99 million at an average of J$129.78 versus J$129.82 for US$28.22 million on Thursday, while dealers sold US$29.71 million at JS$130.81 compared to J$131 for US$24.62 million previously. For the week Purchases by dealers accounted for US$276 million and selling of US$186 million of all currencies.
The selling rate for the Canadian dollar fell to J$106.43 from J$107.09, at the close on Thursday. The British Pound was less costly, with J$176.75 buying the British currency versus J$177.81 previously and the euro, fell in value against the Jamaican dollar, with it taking J$157.29 to buy the European common currency, versus J$158.92 previously.

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.