Tuesday was a big day for trading in the Jamaican foreign exchange market, as dealers bought the equivalent US$113,650,452 and sold US$115,800,882, compared with US$45,414,864 purchased and US$40,270,681 sold on Monday. Changes in the rates of the various currencies were mixed with the US dollar continuing to gain.
In US dollars trading, dealers bought US$110,719,783 compared to US$41,206,124 on Monday with the buying rate for the US dollar rising 57 cents to $120.50 A total of US$114,279,943 was sold versus US$38,724,325 on Monday as the selling rate climbed 3 cents to $120.71. The Canadian dollar buying rate fell 62 cents to end at $82.05 with dealers buying C$1,475,053 and selling C$923,548, at an average rate that fell 62 cents to $83.67. The rate for buying the British Pound declined by $2.70 to $170.39 for the purchase of £1,158,431, while £465,990 was sold, with the rate rising 96 cents to $173.43. At the end of trading, it took J$130.98 to purchase the Euro, for fall of 57 on Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.21 for a decline of 32 cents on Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$288,183 being bought, while US$211,300 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at were, a rise in the lowest selling rate of the US dollar of $1.96 to $100.57, a rise of $1.25 in the highest buying rate for the Canadian dollar to $86.40, a fall in the highest selling rate of $1.55 to $87.95, a rise in the highest buying rate of British Pound, by $1.10 to $177.50 and a $1.80 decline in the lowest selling rate that closed at $167.20.

In the Jamaican foreign exchange market, dealers bought the equivalent of US$45,414,864 and sold US$40,270,681, compared with US$21,534,854 purchased and US$25,878,122 sold on Friday. Changes in the rates of the various currencies were mixed with the US dollar gaining.
In US dollars trading, dealers bought US$41,206,124 compared to US$18,827,307 on Friday with the buying rate for the US dollar rising 27 cents to $119.93. A total of US$38,724,325 was sold versus US$24,377,840 on Friday as the selling rate climbed 5 cents to $120.68. The Canadian dollar buying rate gained 28 cents to end at $82.67 with dealers buying C$2,311,311 and selling C$1,118,593, at an average rate that fell 42 cents to $84.29. The rate for buying the British Pound rose $1.37 to $173.09 for the purchase of £1,681,260, while £421,527 was sold, with the rate dropping $2.34 to $172.47. At the end of trading, it took J$131.55 to purchase the Euro, for an increase of $1 on Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.68 for a rise of 55 cents on Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$188,807 being bought, while US$162,575 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at were, a fall in the lowest selling rate of the US dollar of $18.39 to $98.61, a rise in the highest buying rate for the British Pound, of $1 to $176.40 and a $1.50 increase in the highest selling rate that closed at $180.69.

In the Jamaican foreign exchange market, dealers bought the equivalent of only US$21,534,854 and sold a relatively small amount of US$25,878,122, compared with US$34,094,250 purchased and US$35,478,418 sold on Thursday.
In US dollars trading, dealers bought US$18,827,307 compared to US$31,441,995 on Thursday with the buying rate for the US dollar falling 28 cents to $119.66. A total of US$24,377,840 was sold versus US$33,323,464 on Thursday as the selling rate climbed 12 cents to $120.63. The Canadian dollar buying rate dropped 8 cents to end at $82.39 with dealers buying C$1,332,949 and selling C$692,965, at an average rate that rose 68 cents to $84.71. The rate for buying the British Pound rose 13 cents to $171.72 for the purchase of £1,019,002, while £436,967 was sold, with the rate gaining $1.70 to $174.81. At the end of trading, it took J$130.55 to purchase the Euro, for an increase of $1.09 on Thursday’s rate, according to data from strong>Bank of Jamaica, while dealers purchased the European common currency at J$127.98 for a rise of $1.16 on Thursday’s rate. The US dollar equivalent of other currencies traded, amounts to US$327,438 being bought, while US$380,382 was sold.
Highs & Lows| Notable changes to the highest and lowest buying and selling rates were a rise in the highest selling rate for Canadian dollar by $1.19 to $90 and a fall of $3.81 in the highest selling rate for the British Pound, that closed at $180.19.

In the Jamaican foreign exchange market, dealers bought the equivalent of US$34,094,250 and sold US$35,478,418, compared with US$41,941,236 purchased and US$39,746,285 sold on Wednesday.
In US dollars trading, dealers bought US$31,441,995 compared to US$36,834,944 on Wednesday with the buying rate for the US dollar rising 17 cents to $119.94. A total of US$33,323,464 was sold versus US$37,031,528 on Wednesday as the selling rate climbed 8 cents to $120.51. The Canadian dollar buying rate dropped 88 cents to end at $82.47 with dealers buying C$1,416,413 and selling C$1,254,073, at an average rate that declined 90 cents to $84.03. The rate for buying the British Pound lost $1.91 to $171.59 for the purchase of £1,008,931, while £654,763 was sold, with the rate gaining 28 cents to $173.12. At the end of trading, it took J$129.46 to purchase the Euro, for an increase of 32 cents on Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.82 for a rise of 27 cents from Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$234,961 being bought, while US$339,986 was sold.
Highs & Lows| Notable changes to the highest and lowest buying and selling rates were a fall in the highest selling rate for Canadian dollar by $1.19 to $88.81 and a fall of $1.24 in the highest buying rate for the British Pound, that closed at $176, a rise of $1.84 in the highest selling rate that ended at $184 and a fall in the lowest selling rate of $1.70 to close $16.30.

In the Jamaican foreign exchange market, dealers bought the equivalent of US$41,941,236 and sold US$39,746,285, compared with US$35,703,146 purchased and US$43,237,725sold on Tuesday.
In US dollars trading, dealers bought US$36,834,944 compared to US$32,330,168 on Tuesday with the buying rate for the US dollar falling 7 cents to $119.77. A total of US$37,031,528 was sold versus US$41,672,381 on Tuesday as the selling rate slipped 3 cents to $120.43. The Canadian dollar buying rate dropped 42 cents to end at $83.35 with dealers buying C$2,592,782 and selling C$1,914,548, at an average rate that declined 17 cents to $84.93. The rate for buying the British Pound lost 31 cents to $173.50 for the purchase of £1,961,635, while £522,647 was sold, with the rate declining $3.38 to $172.84. At the end of trading, it took J$129.15 to purchase the Euro, for a decline of 91 cents from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.55 for a fall of 67 cents from Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$460,202 being bought, while US$614,449 was sold.
Highs & Lows| Notable changes to the highest and lowest buying and selling rates were a rise in the lowest selling rate for Canadian dollar by $1.46 to $81.46 and the highest selling rate for the British Pound, that fell $1.24 to close $182.16.

In the Jamaican foreign exchange market, dealers bought the equivalent of US$35,703,146 and sold US$43,237,725, compared with US$44,360,218 purchased and US$40,052,989 sold on Monday.
In US dollars trading, dealers bought US$32,330,168 compared to US$39,298,993 on Monday with the buying rate for the US dollar rising 30 cents to $119.84. A total of US$41,672,381 was sold versus US$38,905,100 on Monday as the selling rate gained 9 cents to $120.46. The Canadian dollar buying rate climbed $1.06 to end at $83.77 with dealers buying C$1,870,425 and selling C$950,031, at an average rate that declined 17 cents to $85.10. The rate for buying the British Pound gained 69 cents to $173.81 for the purchase of £1,273,982, while £452,287 was sold, with the rate rising by 59 cents to $176.22. At the end of trading, it took J$130.05 to purchase the Euro, for a decline of 75 cents from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.22 for a fall of 80 cents from Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$217,825 being bought, while US$232,513 was sold.
Highs & Lows| The only major change to the highest and lowest buying and selling rates were recoveries in the lowest selling rate for US dollar by $79 to $117 and the lowest selling rate for the British Pound, that regained $94 to close $170.

The Jamaican foreign exchange market trading activity on the last percent in 2015, fell below Thursday’s levels with dealers selling more funds than they purchased. The value of the local currency slipped against its major counterpart currencies.
In trading dealers bought the equivalent of US$44,360,218 and sold US$40,052,989, compared with US$32,723,774 purchased and US$42,295,648 sold on Thursday. Sale of US dollars , was almost equal to the amount purchased with dealers buying US$39,298,993 compared to US$29,243,474 on Thursday. The buying rate for the US dollar slipped 10 cents to $119.54. A total of US$38,905,100 was sold versus US$40,545,786 on Thursday as the selling rate declined by 5 cents to $120.37. The Canadian dollar buying rate declined 57 cents to end at $82.71 with dealers buying C$2,074,068 and selling C$741,397, at an average rate that gained 36 cents to $85.27. The rate for buying the British Pound dropped $2.61 to $173.12 for the purchase of £1,343,622, while £328,665 was sold, with the rate rising $1.49 to $175.63. At the end of trading, it took J$130.81 to purchase the Euro, for a decline of 53 cents from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.02, for a fall of 56 cents from Thursday’s rate. The US dollar equivalent of other currencies traded, amounts to US$1,680,259 being bought, while US$143,150 was sold.
Highs & Lows| The highest buying rate for US dollar, the lowest buying and the highest selling rates were unchanged at $120.70, $98.61 and $126.37 respectively but for some inexplicable reason the lowest selling rate plummeted by $78 to only $38. The Canadian dollar highest buying rate declined by 30 cents to $86.50, the lowest buying rate ended unchanged at $68.48. The highest selling rate declined by 7 cents to $88.78 and the lowest selling rate slipped 50 cents to end at $81. The highest buying rate for the British Pound, declined $1.36 to $177.80, the lowest buying and the highest selling rates remained unchanged at $142.84 and $184.15 respectively while the lowest selling rate nosedived by $94.65 to $76.

The Jamaican foreign exchange market trading activity on the last Thursday in 2015, fell below Wednesday’s levels with dealers selling more funds than they purchased. The value of the local currency slipped against its major counterpart currencies.
In trading dealers bought the equivalent of US$32,723,774 and sold US$42,295,648, compared with US$35,663,399 purchased and US$42,378,801 sold on Wednesday.
Sale of US dollars , exceeded the amount dealers bought by US$11 million as dealers bought US$29,243,474 compared to US$31,547,200 on Wednesday. The buying rate for the US dollar rose 3 cents to $119.64. A total of US$40,545,786 was sold versus US$40,319,564 on Wednesday as the selling rate rose 8 cents to $120.42. The Canadian dollar buying rate declined 27 cents to end at $83.28 with dealers buying C$1,528,540 and selling C$863,232, at an average rate that gained 15 cents to $84.91. The rate for buying the British Pound dropped 40 cents to $175.74 for the purchase of £1,513,957, while £686,125 was sold, with the rate rising $2.04 to $177.12. At the end of trading, it took J$131.34 to purchase the Euro, for a gain of 11 cents from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.58, rising 6 cents from Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$192,608 being bought, while US$131,968 was sold.
Highs & Lows| The highest buying rate for US dollar rose 5 cents to $120.70, the lowest buying, the highest and lowest selling rates were unchanged at $98.61, $126.37 and $116 respectively. The Canadian dollar highest buying rate gained 30 cents to $86.80, the lowest buying rate rose 17 cents to $68.48. The highest selling rate declined by 65 cents to $88.85 and the lowest selling rate ended unchanged at $81.50. The highest buying rate for the British Pound, rose 16 cents to $179.16, the lowest buying rate remained unchanged at $142.84, the highest selling rate climbed $2.10 to $184.15 while the lowest selling rate rose 65 cents to $170.65.