Net inflows into the Jamaica’s foreign exchange market, rose by just under US$5 million on Friday pushing the surplus since the end of June to US$92 million. In Friday’s trading, dealers bought US$41,626,691 while they sold US$36,879,082 compared to US$30,215,014 purchased and US$36,917,077, sold on Thursday of all currencies. The value for the Jamaican dollar fell slightly against the US dollar and the Canadian dollar but rose against the selling rate for the Pound.
In US dollar trading, dealers bought US$6 million more than they sold with buying amounting to US$36,942,682 compared to US$27,042,275 on Thursday. The buying rate for the US dollar climbed 15 cents to $125.89. A total of US$30,736,441 was sold versus US$33,427,390 on Thursday, with the selling rate rising 5 cents to end at $126.56. The Canadian dollar buying rate declined by 62 cents to end at $94.04, with dealers buying C$1,445,059 and selling C$5,118,612, at an average rate that climbed $2.85 to $99.99. The average rate for buying the British Pound gained $1.81 to $163.34 for the purchase of £1,690,154, while £411,245 was sold to end at $166.01, for a decline of $1.84.
At the end of trading, the selling rate for the Euro, fell by 31 cents to close at J$140.19 from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$132.19 for a drop of $8.91. The US dollar equivalent of other currencies traded amounts to US$1,411,604 being bought, while US$1,558,945 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 gain of $1.56 in the highest selling rate of the Canadian Dollar to close at $100.92, a decline of $2 in the lowest selling rate to $89, while trading in the British Pound resulted in a gain of $1.50 in the highest buying rate to $167.30 as the highest selling rate dropped $8.80 to $174 and the lowest selling rate rose $2 to end at $160.

Net outflows of Jamaica’s foreign exchange market, rose to more than US$6.7 million on Thursday leaving the surplus since the end of June at US$87 million. In Thursday’s trading, dealers bought US$30,215,014 while they sold US$36,917,077, compared to US$33,586,589 purchased and US$34,833,179 sold on Wednesday of all currencies. The value for the Jamaican dollar fell slightly against the US dollar and the Pound while it rose against the Canadian dollar.
In US dollar trading, dealers bought less US dollars than they sold with buying amounting to US$27,042,275 compared to US$28,209,694 on Wednesday. The buying rate for the US dollar fell 1 cent to $125.74. A total of US$33,427,390 was sold versus US$27,002,488 on Wednesday, with the selling rate rising 4 cents to end at $126.51. The Canadian dollar buying rate declined by 42 cents to end at $94.66, with dealers buying C$2,490,968 and selling C$3,189,437, at an average rate that fell 32 cents to $97.14. The average rate for buying the British Pound fell $1.22 to $161.53 for the purchase of £862,897, while £639,354 was sold to end at $167.85, with a gain of $2.42.
At the end of trading, the selling rate for the Euro, rose 95 cents to close at J$140.50 from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$141.11 for a surge of $7.39. The US dollar equivalent of other currencies traded amounts to US$188,894 being bought, while US$192,487 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 gain of $1.27 in the highest buying rate of the Canadian Dollar to $97.30, a rise of $2 in the lowest selling rate to $91, while trading in the British Pound resulted in a fall of $8.08 in the highest buying rate to $165.80 as the highest selling rate jumped $10.53 to $182.80 and the lowest selling rate fell $2.80 to end at $158.

Net inflows of foreign exchange traded by authorized dealers, declined moderately, on Wednesday’s net flows ended with the equivalent of just under US$1 million more sales than purchases leaving the surplus since the end of June to US$94 million.
In Wednesday’s trading, dealers bought US$33,586,589 while they sold US$34,833,179, compared to US$43,327,457 purchased and US$42,722,998 sold on Tuesday of all currencies, as the value for the Jamaican dollar fell slightly against the US dollar and the Canadian dollar but gained versus the Pound.
In US dollar trading, dealers bought more US dollars than they sold with buying amounting to US$28,209,694 compared to US$38,551,129 on Tuesday. The buying rate for the US dollar gained 1 cent to $125.75. A total of US$27,002,488 was sold versus US$37,840,792 on Tuesday, with the selling rate rising 7 cents to end at $126.47. The Canadian dollar buying rate rose 42 cents to end at $95.08, with dealers buying C$3,504,810 and selling C$6,590,709, at an average rate that rose 37 cents to $97.46. The average rate for buying the British Pound fell 54 cents to $162.75 for the purchase of £1,335,223, while £350,622 was sold to end at $165.43, with a fall of 21 cents.
At the end of trading, the selling rate for the Euro, declined 51 cents to close at J$139.55 from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.71 for a rise of $1.75. The US dollar equivalent of other currencies traded amounts to US$998,812 being bought, while US$2,292,849 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Wednesday, include, a drop of $19.18 in the lowest selling rate of the US dollar to close at $103.32. There was a decline of $1.57 in the highest buying rate of the Canadian Dollar to $96.03, a fall of $1, in the lowest selling rate to $89 while trading in the British Pound resulted in a gain of $6.80 in the lowest selling rate to end at $160.80.

Net inflows of foreign exchange traded by authorized dealers, continue to build, but only slightly with Tuesday’s net flows ended at the equivalent of just under US$1 million more purchases than sales, leaving the surplus since the end of June to US$95 million. In Tuesday’s trading, dealers bought US$43,327,457 while they sold US$42,722,998, compared to US$47,919,715 purchased and US$36,831,264 sold on Monday of all currencies, as the value for the Jamaican dollar fell.
In US dollar trading, dealers bought US$38,551,129 compared to US$44,489,970 on Monday. The buying rate for the US dollar gained 2 cents to $125.74. A total of US$37,840,792 was sold versus US$34,967,119 on Monday with the selling rate rising 2 cents to end at $126.40. The Canadian dollar buying rate rose $1.69 to end at $94.66, with dealers buying C$2,975,831 and selling C$4,626,313, at an average rate that climbed $1.51 to $97.10. The average rate for buying the British Pound climbed 69 cents to $163.29 for the purchase of £1,861,847, while £854,880 was sold to end at $165.64, with a rise of $1.37.
At the end of trading, the selling rate for the Euro, rose 38 cents to close at J$140.06 from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$131.96, for a fall of $5.28. The US dollar equivalent of other currencies traded amounts to US$118,272 being bought, while US$208,116 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 jump of $19.38 in the lowest selling rate of the US dollar to close at $122.50, there was a rise of $1.95 in the highest buying rate of the Canadian Dollar to $97.60, a fall of $1, in the lowest selling rate to $90 while trading in the British Pound resulted in a gain of $7.57 in the highest buying rate to end at $173.88 and a rise of $1.65 in the lowest buying rate to close at $133.63.

Net inflows into Jamaican foreign exchange market on Friday, ended with US$2 million more foreign currency purchased, than sold bought by dealers, bringing the surplus bought by them to US$83 million since the end of June. In Friday’s trading, dealers bought US$40,933,781 while they sold US$38,774,308, compared to US$29,816,964 purchased and US$38,116,490 sold on Thursday of all currencies, as the rate for the Jamaican dollar ended mixed against all major currencies.
In US dollar trading, dealers sold just under US$2 million less in United States currency than they bought. They hauled in US$37,244,686 compared to US$27,157,682 on Thursday. The buying rate for the US dollar rose 13 cents to $125.87. A total of US$35,482,174 was sold versus US$36,075,776 on Thursday with the selling rate rising 7 cents to end at $126.45. The Canadian dollar buying rate fell 19 cents to end at $95.03, with dealers buying C$2,914,720 and selling C$2,769,620, at an average rate that declined $1.47 to $95.95. The average rate for buying the British Pound dipped $1.54 to $161.53 for the purchase of £808,896, while only £317,442 was sold, with the rate falling 77 cents to $164.73.
At the end of trading, the selling rate for Euro, declined by $3.07 to close at J$138.81 from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$134.25, for a rise of 88 cents. The US dollar equivalent of other currencies traded amounts to US$450,440 being bought, while US$776,955 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 drop of $2 in the lowest selling rate of the Canadian Dollar to $90, a fall of $1.50, in the highest buying rate of the British Pound to close at $165.50 and a drop of $3.70 in the lowest selling rate to end at $153.80.

Net inflows into Jamaican foreign exchange market on Thursday, ended with US$8 million more foreign currency being sold, than bought by dealers, bringing the surplus bought by them down to US$81 million since the end of June. In Thursday’s trading, dealers bought US$29,816,964 while they sold US$38,116,490, compared to US$44,986,438 purchased and US$37,620,031 sold on Wednesday of all currencies, as the rate for the Jamaican dollar ended mixed against all major currencies.
In US dollar trading, dealers sold US$9 million more in United States currency than they bought thus reversing the net inflows on Wednesday. They pulled in US$27,157,682 compared to US$41,842,638 on Wednesday. The buying rate for the US dollar fell 13 cents to $125.74. A total of US$36,075,776 was sold versus US$32,713,341 on Wednesday with the selling rate rising 2 cents to end at $126.38. The Canadian dollar buying rate jumped $1.75 to end at $95.22, with dealers buying C$1,319,812 and selling C$1,256,100, at an average rate that declined $1.17 to $97.42. The average rate for buying the British Pound dipped $1.78 to $163.08 for the purchase of £1,197,319, while only £605,882 was sold, with the rate rising 29 cents to $165.50.
At the end of trading, the selling rate for Euro, climbed $2.48 to close at J$141.88 from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.36, for $1.68 less than on Wednesday. The US dollar equivalent of other currencies traded amounts to US$106,962 being bought, while US$278,966 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 drop of $1 in the lowest selling rate of the Canadian Dollar to $92, a fall of $2.49, in the highest buying rate of the British Pound to close at $167 and a rise of $2.24 in the highest selling rate to end at $173.07.

Net inflows into Jamaican FX market on Tuesday ended with slightly more foreign currency being sold, than bought by dealers, resulting in a mix of rate movements at the end of trading. In Tuesday’s trading, dealers bought US$30,368,738 while they sold only US$30,794,502, compared to US$53,836,136 purchased and US$36,901,981 sold on Monday of all currencies, as the Jamaican dollar appreciated against all major currencies.
In US dollar trading, dealers bought US$27,604,778 compared to US$51,088,781 on Monday as the buying rate for the US dollar fell 2 cents to $125.67. A total of US$29,108,096 was sold versus US$34,939,544 on Monday with the selling rate rising 4 cents to end at $126.32. The Canadian dollar buying rate climbed 91 cents to end at $93.78, with dealers buying C$1,056,274 and selling C$601,979, at an average rate that fell 57 cents to $96.19. The average rate for buying the British Pound fell 91 cents to $162.26 for the purchase of £1,367,685, while £741,948 was sold, with the rate gaining 73 cents to $166.52.
At the end of trading, the selling rate for Euro, dropped $2.89 to close at J$139.33 from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.78, for a fall of $1.12 from Monday’s rate. The US dollar equivalent of other currencies traded amounts to US$209,876 being bought, while US$249,915 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 drop of $1.31 in the highest selling rate of the Canadian Dollar to $100.21 and a rise $1.70 in the lowest selling rate to end at $93, while the highest buying rate of the British Pound climbed 63 cents to close at $172 and the lowest buying dropped $45.79 to $89.