Authorized dealers added another $9.5 million to their stockpile of foreign exchange on Monday, moving the net purchases since the end of June, to US$199 million by Jamaica’s foreign exchange dealers as the selling rate for the United States dollar remained unchanged.
In Monday’s trading, dealers bought US$52,424,074 and sold US$42,905,414 compared to US$44,787,776 purchased and US$38,925,904 sold on Friday, of all currencies.
In US dollar trading, dealers bought US$49,240,991 compared to US$42,010,057 on Friday. The buying rate for the US dollar fell 4 cents to $126.61. A total of US$40,550,485 was sold versus US$36,526,935 on Friday, with the selling rate remaining unchanged at $127.20. The Canadian dollar buying rate fell 20 cents to end at $95.42, with dealers buying C$1,562,757 and selling C$1,018,193 at an average rate that dropped 16 cents to $99.12. The average rate for buying the British Pound dived $1.56 to $161.97 for the purchase of £1,165,893, while £859,281 was sold with the rate climbing 92 cents to end at $166.99.
At the end of trading, the selling rate for the Euro, jumped $1.29 to close at J$143.88 from Friday’s rate, according to data from Bank of Jamaica, The US dollar equivalent of other currencies traded amounts to US$513,890 being bought, while US$433,430 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 drop of 66 cents in the lowest selling rate for the US dollar to $103.54, a rise of $1.40 in the highest buying rate of Canadian Dollar to close at $100.20, a drop of $3 in the lowest selling rate to end at $92. Trading in the British Pound resulted in a fall of $4.34 in the highest buying rate to $166.40, slippage of 83 cents in the lowest buying rate to $134.05, a slide of $1.08 in the highest selling rate to end at $174.42, while the lowest selling rate declined by $2 to close of $158.

Authorized dealers added to their stockpile of foreign exchange driving it up by US$12 million Tuesday, bringing the net purchases since the end of June, to US$177 million by Jamaica’s foreign exchange dealers.
In Tuesday’s trading, dealers bought US$49,290,241 and sold US$37,062,318 compared to US$51,667,783 purchased and US$35,418,341 sold on Monday, of all currencies.
In US dollar trading, dealers bought US$47,271,163 compared to US$46,205,956 on Monday. The buying rate for the US dollar rose 23 cents to $126.49. A total of US$35,570,768 was sold versus US$32,601,043 on Monday, with the selling rate rising 4 cents to end at $127.03. The Canadian dollar buying rate rose 68 cents to end at $95.26, with dealers buying C$1,094,482 and selling C$799,637 at an average rate that rose $1.46 to $98.44. The average rate for buying the British Pound dropped $2.53 to $160.21 for the purchase of £812,742, while £483,897 was sold to end at $164.02, for a rise of 60 cents.
At the end of trading, the selling rate for the Euro, dropped 53 cents to close at J$142.20 from Monday’s rate, according to data from Bank of Jamaica, The US dollar equivalent of other currencies traded amounts to US$165,383 being bought, while US$247,048 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 fall of $1.30 in the highest buying rate of Canadian Dollar to close at $98.20, a jump of $1.12 in the lowest buying rate to end at $78.97, while the highest selling rate rose $1.39 to $102.69 and the lowest selling rate declined by $1.50 to $90. Trading in the British Pound resulted in a drop of $2.20 in the highest buying rate to $164.80, the highest selling rate dropped $3.85 to close at $168.68 and lowest selling rate rose $3 to close of $159.

Authorized dealers held on to US$49 million in total foreign exchange purchased sine last week Monday, while the selling rate for the Jamaica versus the US dollar slid by 31 cents as US$16 million more was added to the stock pile by dealers. Monday’s net purchase puts the surplus bought since the end of June, to US$165 million by Jamaica’s foreign exchange dealers.
In Monday’s trading, dealers bought US$51,667,783 and sold US$35,418,341 compared to US$32,516,814 purchased and US$22,897,652 sold on Friday, of all currencies.
In US dollar trading, dealers bought US$46,205,956 compared to US$29,161,988 on Friday. The buying rate for the US dollar rose 9 cents to $126.26. A total of US$32,601,043 was sold versus US$21,536,270 on Friday, with the selling rate rising 6 cents to end at $126.99. The Canadian dollar buying rate rose 14 cents to end at $94.58, with dealers buying C$1,666,225 and selling C$807,331 at an average rate that fell 7 cents to $96.98. The average rate for buying the British Pound climbed 36 cents to $162.74 for the purchase of £3,041,453, while £1,392,745 was sold to end at $164.62, for a rise of 83 cents.
At the end of trading, the selling rate for the Euro, jumped $1.70 to close at J$142.73 from Friday’s rate, according to data from Bank of Jamaica, currency at J$137.02 for a jump of $2.72 from the rate on Wednesday. The US dollar equivalent of other currencies traded amounts to US$293,394 being bought, while US$395,203 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 rise of $1.70 in the highest buying rate of Canadian Dollar to close at $99.50, a jump of $11.90 in the lowest selling rate to end at $91.50. Trading in the British Pound resulted in a drop of $2 in the lowest selling rate to close of $156.

Jamaica’s foreign exchange dealers bought US$9.6 million more than the amount sold on Friday, putting the surplus bought since the end of June to US$149 million, with the rate of the Jamaican dollar falling marginally against the United States currency.
In Friday’s trading, dealers bought US$32,516,814 and sold US$22,897,652 compared to US$25,425,966 purchased and US$18,298,372 sold on Thursday, of all currencies.
In US dollar trading, dealers bought US$29,161,988 compared to US$21,977,393 on Thursday. The buying rate for the US dollar rose 26 cents to $126.17. A total of US$21,536,270 was sold versus US$15,740,610 on Thursday, with the selling rate rising 16 cents to end at $126.93. The Canadian dollar buying rate dropped $1.81 to end at $94.44, with dealers buying C$1,060,908 and selling C$950,186 at an average rate that fell 18 cents to $97.05. The average rate for buying the British Pound climbed $1.22 to $162.38 for the purchase of £1,861,633, while £305,503 was sold to end at a rate of $163.79, for a fall of 83 cents.
At the end of trading, the selling rate for the Euro, fell 12 cents to close at J$141.04 from Thursday’s rate, according to data from Bank of Jamaica, The US dollar equivalent of other currencies traded amounts to US$164,707 being bought, while US$240,602 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 $19.35 in the lowest buying rate of the US dollar to $103.45, a fall of 70 cents in the highest buying rate of Canadian Dollar to close at $97.80, a dive of $6.08 in the lowest selling rate to end at $77.60. Trading in the British Pound resulted in a jump of $3 in the highest buying rate to $167 and a rise of $2.30 in the lowest selling rate to close of $158.

Jamaica’s foreign exchange dealers bought US$7 million more than the amount sold on Thursday, putting the surplus bought since the end of June to US$139 million, with the rate of the Jamaican dollar falling marginally against the United States currency.
In Thursday’s trading, dealers bought US$25,425,966 and sold US$18,298,372 compared to US$35,858,443 purchased and US$24,832,468 sold on Wednesday, of all currencies.
In US dollar trading, dealers bought US$21,977,393 compared to US$32,777,120 on Wednesday. The buying rate for the US dollar fell 7 cents to $125.91. A total of US$15,740,610 was sold versus US$23,290,324 on Wednesday, with the selling rate rising 11 cents to end at $126.77. The Canadian dollar buying rate climbed $2.61 to end at $96.25, with dealers buying C$2,862,171 and selling C$2,530,465 at an average rate that increased by $1.02 to $97.23. The average rate for buying the British Pound fell $1.02 to $161.16 for the purchase of £902,623, while £404,637 was sold to end at a rate of $164.67, for a gain of $1.69.
At the end of trading, the selling rate for the Euro, fell 29 cents to close at J$141.16 from Tuesday’s rate, according to data from Bank of Jamaica, as there were no posted rates for the euro for Wednesday. Dealers purchased the European common currency at J$135.13 for a rise of $2.25 from the rate on Tuesday. The US dollar equivalent of other currencies traded amounts to US$105,256 being bought, while US$91,240 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 rise of 55 cents in the highest buying rate of the US dollar to $127.70, a rise of 90 cents in the highest buying rate of Canadian Dollar to close at $98.50, a rise of 83 cents to the lowest buying rate to $77.85, an increase of $1.08 in the highest selling rate to $101.30 and a drop of $4.32 in the lowest selling rate to $83.68. Trading in the British Pound resulted in a dip of $2.20 in the highest buying rate to $164 and a fall of $1.30 in the lowest selling rate to close of $156.70.