J$ just 11 cents away from $117 to US

The J$ is just 11 cents away from $117 to the US dollar on Thursday

The J$ is just 11 cents away from $117 to the US dollar on Thursday

The Jamaican dollar lost ground on Thursday against the US dollar as it edges just 11 cents away from J$117, but it gained on the Pound and the Canadian dollar. Dealers bought the equivalent of US$29,947,285 compared with US$30,175,916 on Wednesday, while they sold the equivalent of US$27,593,054 versus US$36,534,605 previously.
In US dollar trading, dealers bought US$27,666,499 compared to US$26,945,527 on Wednesday. The buying rate for the US dollar increased 11 cents to $116.22 and US$26,103,111 was sold versus US$33,784,230 on Wednesday, the selling rate rose 9 cents to $116.89. The Canadian dollar buying rate fell 36 cents to $92.31 with dealers buying C$870,248 and selling C$445,174, at an average rate that fell 28 cents to $94.42.FX sum 25-6-15 The rate for buying the British Pound gained 49 cents to $181.36 for the purchase of £955,239, while £755,546 was sold, at an average rate that declined 46 cents to $183.37. At the end of trading, it took J$130.63 to purchase the Euro, 12 cents more than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.92 for 4 cents more than Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$98,887, while the equivalent of US$374,801 was sold.
Highs & Lows| The highest buying rate for the US dollar rose 12 cents to $117.22, the lowest buying rate dropped $4.91 to $90.70. The highest and lowest selling rates remained at $122.52 and $95.61 respectively. FX HL 25-6-15The highest buying rate for the Canadian dollar moved up $1.40 to $96, the lowest buying rate remained at $74.95. The highest selling rate added 60 cents to $98 and the lowest selling rate dipped $1.50 to $90.30. The highest buying rate for the British Pound, rose 15 cents to $184.15, the lowest buying rate remained at $147.74, with the highest selling rate falling $3.54 to $186.92 and the lowest selling rate dipped $2 to $178.

J$ edges closer to $117 to the US

J$5000 The Jamaican dollar lost ground on Wednesday against the US dollar as it edges close to J$117 and the Pound but gained on the Canadian dollar.The Jamaican dollar which started the year at $114.66 to the US dollar has so far lost nearly 2 percent, with inflation at roughly zero, the currency has gained a bit in competitiveness this year as well as since October last year with negative inflation between then and December.
Dealers bought the equivalent of US$30,175,916 compared with US$33,052,701 on Tuesday, while they sold the equivalent of US$36,534,605 versus US$35,474,277 previously.
In US dollar trading, dealers bought US$26,945,527 compared to US$29,480,545 on Tuesday. The buying rate for the US dollar increased 3 cents to $116.11 and US$33,784,230 was sold versus US$32,534,666 on Tuesday, the selling rate rose 10 cents to $116.80. The Canadian dollar buying rate fell 3 cents to $92.67 with dealers buying C$1,157,439 and selling C$845,699, at an average rate that fell 5 cents to $94.70. FX sum 24-6-15The rate for buying the British Pound lost 97 cents to $180.87 for the purchase of £1,179,293, while £657,132 was sold, at an average rate that rose 3 cents to $183.83. At the end of trading, it took J$130.51 to purchase the Euro, $2.43 less than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.87 for $2.30 less than Tuesday’s rate. Other currencies bought, amounted to the equivalent of US$469,585, while the equivalent of US$1,030,411 was sold.
Highs & Lows| The highest buying rate for the US dollar fell 5 cents to $117.10, the lowest buying and the highest selling rates remained at $95.61 and $122.52 respectively, but the lowest selling rate dropped $18.39 to $95.61. FX hl 24-6-15The highest buying rate for the Canadian dollar declined 90 cents to $94.60, the lowest buying rate ended 58 cents lower at $74.95. The highest selling rate was down 60 cents to $97.40 and the lowest selling rate climbed $1.20 to $91.80. The highest buying rate for the British Pound, remained at $184, the lowest buying rate fell 83 cents to $147.74, with the highest selling rate rising $2.81 to $190.46 and the lowest selling rate climbed $1 to $180.

Ja$ loses value vs US on Tuesday

USdollarStacks600x250 The Jamaican dollar lost ground on Tuesday against the US dollar but gained on the Canadian dollar and the Pound. Dealers bought the equivalent of US$33,052,701 compared with US$38,566,283 on Monday, while they sold the equivalent of US$35,474,277 versus US$33,558,404 previously.
In US dollar trading, dealers bought US$29,480,545 compared to US$35,549,329 on Monday. The buying rate for the US dollar increased 12 cents at $116.08 and US$32,534,666 was sold versus US$31,984,474 on Monday, the selling rate rose 5 cents to $116.70. The Canadian dollar buying rate rose 32 cents to $92.70 with dealers buying C$1,040,772 and selling C$781,080, at an average rate that fell 33 cents to $94.75.FX sum 23-6-15 The rate for buying the British Pound gained 69 cents to $181.84 for the purchase of £1,661,629, while £960,999 was sold, at an average rate that dropped 77 cents to $183.80. At the end of trading, it took J$132.94 to purchase the Euro, 78 cents more than on Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$130.18 for 65 cents more than Monday’s rate. Other currencies bought, amounted to the equivalent of US$138,081, while the equivalent of US$791,938 was sold.
Highs & Lows| The highest buying rate for the US dollar dropped $3.36 to $117.15 the lowest buying and the highest selling rates remained at $95.61 and $122.52 respectively but the lowest selling rate leapt $18.64 to $114. FX HL 23-6-15The highest buying rate for the Canadian dollar rose 30 cents to $95.50, the lowest buying rate ended 12 cents lower at $75.53. The highest selling rate was down 17 cents to $98 and the lowest selling rate fell 55 cents to $90.60. The highest buying rate for the British Pound, dipped 60 cents to $184, the lowest buying rate gained 33 cents to $148.57, with the highest selling rate falling $3.45 to $187.65 and the lowest selling rate climbed 40 cents to $179.

J$ gains value on Monday

FX_USPound The Jamaican dollar gained ground on Monday against the US and Canadian dollars and the Pound as dealers bought the equivalent of US$38,566,283 compared with US$31,243,493 on Friday, while they sold the equivalent of US$33,558,404 versus US$30,952,352 previously.
In US dollar trading, dealers bought US$35,549,329 compared to US$27,235,624 on Friday. The buying rate for the US dollar declined 11 cents at $115.96 and US$31,984,474 was sold versus US$28,289,318 on Friday, the selling rate fell 1 cent to $116.65. FX sum 22-6-15The Canadian dollar buying rate dropped $1.28 to $92.38 with dealers buying C$942,773 and selling C$649,533, at an average rate that fell 2 cents to $95.08. The rate for buying the British Pound gained 22 cents to $181.15 for the purchase of £1,348,215, while £578,473 was sold, at an average rate that dropped $2.09 to $184.57. At the end of trading, it took J$132.16 to purchase the Euro, 74 cents less than on Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.53 for 62 cents less than Friday’s rate. Other currencies bought, amounted to the equivalent of US$159,912, while the equivalent of US$129,218 was sold.
Highs & Lows| The highest buying rate for the US dollar climbed $2.31 to $120.51 the lowest buying rate rose $2.61 to $95.61, the highest selling rate remained at $122.52 and lowest selling rate lost 25 cents $95.36. The highest buying rate for the Canadian dollar declined 30 cents to $95.20, FX hl 22-6-15rv the lowest buying rate ended 53 cents higher at $75.65. The highest selling rate was up 27 cents to $98.17 and the lowest selling rate fell 60 cents to $91.15. The highest buying rate for the British Pound, dipped 47 cents to $184.60, the lowest buying rate dropped 83 cents to $148.24, with the highest selling rate falling $1.07 to $191.10 and the lowest selling rate eased $1 to $178.60.

J$ mostly down in value on Friday

FXTrading280x150 The Jamaican dollar suffered losses on Friday against the US dollar and the Pound, the euro and gained on the Canadian dollar. Dealers bought the equivalent of US$31,243,493 compared with US$24,746,899 on Thursday, while they sold the equivalent of US$30,952,352 versus US$27,237,059 previously.
In US dollar trading, dealers bought US$27,235,624 compared to US$19,916,588 on Thursday. The buying rate for the US dollar rose 20 cents at $116.07 and US$28,289,318 was sold versus US$22,177,217 on Thursday, the selling rate rose 11 cents to $116.66. FX sum 19-6-15The Canadian dollar buying rate dropped $1.19 to $93.65 with dealers buying C$1,262,421 and selling C$1,264,620, at an average rate that fell 84 cents to $95.10. The rate for buying the British Pound declined 85 cents to $180.93 for the purchase of £1,851,088, while £953,554 was sold, at an average rate that rose $2.94 to $186.66. At the end of trading, it took J$132.90 to purchase the Euro, $2.04 more than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$130.14 for $2.11 more than Thursday’s rate. Other currencies bought, amounted to the equivalent of US$103,899, while the equivalent of US$106,323 was sold.
Highs & Lows| The highest buying rate for the US dollar climbed $1.35 to $118.20, the lowest buying rate dropped $2.36 to $93, the highest selling rate rose 33 cents to $122.52 and lowest selling rate added 25 cents $95.61. FX HL 19-6-15The highest buying rate for the Canadian dollar declined 45 cents to $95.50, the lowest buying rate ended 17 cents higher at $75.12. The highest selling rate was up 2 cents to $97.90 and the lowest selling rate climbed $1.25 to $91.75. The highest buying rate for the British Pound, dipped 8 cents to $185.07, the lowest buying rate jumped $2.82 to $149.07, with the highest selling rate climbing $3 to $192.17 and the lowest selling rate jumping $3.60 to $179.60.

FED comments shake up rates for J$

J$1000front The Jamaican dollar suffered losses on Thursday as the world major currencies gained sharply on the US dollar resulting in a decline in the value of the local currency against the Pound, the euro and the Canadian dollar, it also slipped against the US dollar as inflows declined during the period for low foreign exchange.
Dealers bought the equivalent of US$24,746,899 compared with US$26,333,879, on Wednesday while they sold the equivalent of US$27,237,059 versus US$29,923,738 previously.
In US dollar trading, dealers bought US$19,916,588 compared to US$21,903,791 on Wednesday. The buying rate for the US dollar rose 16 cents at $115.87 and US$22,177,217 was sold versus US$27,504,837 on Wednesday, the selling rate rose 7 cents to $116.55. FX sum 18-6-15The Canadian dollar buying rate jumped $1.36 to $94.84 with dealers buying C$3,575,485 and selling C$14,665,541, at an average rate that climbed $1.70 to $95.94. The rate for buying the British Pound increased $2.28 to $181.78 for the purchase of £1,119,476, while £717,241 was sold, at an average rate that rose $1.59 to $183.72. At the end of trading, it took J$130.84 to purchase the Euro, 4 cents more than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.03 for 11 cents less than Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$147,539, while the equivalent of US$88,643 was sold.
Highs & Lows| The highest buying rate for the US dollar inched up 5 cents to $116.85, the lowest buying, the highest and lowest selling rates remained at $95.36, $122.19 and $95.36 respectively. FX HL 18-6-15The highest buying rate for the Canadian dollar climbed $1.20 to $95.95, the lowest buying rate and the lowest selling rates ended unchanged at $74.95 and $90.50 respectively, the highest selling rate was up $1.15 to $97.88. The highest buying rate for the British Pound, climbed $1.90 to $185.15, the lowest buying rate was unchanged at $146.25, with the highest selling rate climbing $2.46 to $189.17 and the lowest selling rate jumping $23.97 to $176.

J$ slips against all three

FXtrading280x150 Sale of all currencies by dealers on Tuesday was greater than the amount purchased by US$3.4 million and the Jamaican dollar lost value all round. Dealers bought the equivalent of US$27,433,039 compared with US$43,691,010, on Monday while they sold the equivalent of US$30,897,534 versus US$35,083,711 previously.
In US dollar trading, dealers bought US$24,476,001 compared to US$39,437,114 on Monday. The buying rate for the US dollar gained 2 cents at $115.80 and US$28,846,312 was sold versus US$32,592,055 on Monday, the selling rate rose 7 cents to $116.43. The Canadian dollar buying rate jumped $1.16 to $93.04 with dealers buying C$1,478,870 and selling C$1,176,046, at an average rate that edged up 27 cents to $94.26. FX sum 16-6-15The rate for buying the British Pound increased 93 cents to $178.21 for the purchase of £1,081,405, while £482,003 was sold, at an average rate that rose 42 cents to $180.37. At the end of trading, it took J$130.95 to purchase the Euro, 18 cents less than on Monday , according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.34 for 12 cents less than Monday’s rate. Other currencies bought, amounted to the equivalent of US$104,617, while the equivalent of US$352,440, was sold.
Highs & Lows| The highest buying rate for the US dollar rose 7 cents to $116.82, the lowest buying and the highest selling rates remained at $95.36 and $122.19 respectively and the lowest selling rate declined by 36 cents to $95. FX HL 16-6-15The highest buying rate for the Canadian dollar gained 77 cents to $95.57, the lowest buying and lowest selling rates were unchanged at $75.03 and $90.40, respectively but the highest selling rate rose $2.20 to $99. The highest buying rate for the British Pound, rose 60 cents to $181.90, the lowest buying rate remained unchanged at $145.04, with the highest selling rate dropping $2.01 to $184.97 and the lowest selling rate is up $1.15 to $174.75.

FX purchases exceed sales again

FX_USPound2 Purchases of all currencies by dealers on Monday was greater than the amount sold by US$8.5 million and increases the net purchases by $12.5 million since Friday. The Jamaican dollar remained stable against the US dollar but rose against the Pound and the Canadian dollar. Dealers bought the equivalent of US$43,691,010 compared with US$29,230,364, on Friday while they sold the equivalent of US$35,083,711 versus US$25,122,040 previously.
In US dollar trading, dealers bought US$39,437,114 compared to US$22,763,864 on Friday. The buying rate for the US dollar gained 5 cents at $115.78 and US$32,592,055 was sold versus US$22,000,617 on Friday, the selling rate remained unchanged at $116.36. FX sum 15-6-15The Canadian dollar buying rate slipped 32 cents to $91.88 with dealers buying C$1,362,880 and selling C$897,179, at an average rate that dropped $1.29 to $93.99. The rate for buying the British Pound increased 2 cents to $177.28 for the purchase of £1,514,097, while £660,200 was sold, at an average rate that declined 59 cents to $179.95. At the end of trading it took J$131.13 to purchase the Euro, 43 cents more than on Friday , according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.46 for 45 cents more than Friday’s rate. Other currencies bought, amounted to the equivalent of US$853,963, while the equivalent of US$746,010, was sold.
Highs & Lows| The highest buying rate for the US dollar rose 10 cents to $116.75, the lowest buying rate inched up 17 cents to $95.36. The highest selling rate jumped $3.99 to $122.19 and the lowest selling rate grew 17 cents to $95.36. FX HL 15-6-15The highest buying rate for the Canadian dollar gained 40 cents to $94.80, the lowest buying rate garnered 4 cents to $75.03, the highest selling fell 70 cents to $96.80 and the lowest selling rate declined 10 cents to $90.40. The highest buying rate for the British Pound, remained unchanged at $181.30, the lowest buying rate increased by $1.62 to $145.04, with the highest selling rate jumping $3.05 to $186.98 and the lowest selling rate remained unchanged at $173.60.

Purchases exceed sales by US$4m Friday

FXTrading280x150 Sale of and purchases of all currencies by dealers was US$4 million less than sales on Friday as the Jamaican dollar slipped against two of the main currencies it regularly trades against, but trading in the important US dollar currency was evenly matched. Dealers bought the equivalent of US$29,230,364 compared with US$26,229,816, on Thursday while they sold the equivalent of US$25,122,040 versus US$26,264,239 previously.
In US dollar trading, dealers bought US$22,763,864 compared to US$22,637,066 on Thursday. The buying rate for the US dollar gained 5 cents at $115.73 and US$22,000,617 was sold versus US$24,198,294 on Thursday, the selling rate climbed 3 cents to $116.36. FX sum 12-6-15The Canadian dollar buying rate rose 25 cents to $92.20 with dealers buying C$1,018,027 and selling C$1,218,213, at an average rate that climbed 34 cents to $95.28. The rate for buying the British Pound increased 76 cents to $177.26 for the purchase of £3,214,767, while £877,534 was sold, at an average rate that jumped $1.64 to $180.54. At the end of trading it took J$130.69 to purchase the Euro, 71 cents less than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.01 for 64 cents lower than Thursday’s rate. Other currencies bought, amounted to the equivalent of US$731,597, while the equivalent of US$762,505, was sold.
Highs & Lows| The highest buying rate for the US dollar rose 15 cents to $116.65, the lowest buying rate remained unchanged at $95.19. The highest selling rate dropped $3.78 to $118.20 and the lowest selling rate declined $1.88 to $95.19. FX HL 12-6-15The highest buying rate for the Canadian dollar slipped 20 cents to $94.40, the lowest buying rate eased 29 cents to $74.99, the highest selling rose 45 cents to $97.50 and the lowest selling rate fell 20 cents to $90.50. The highest buying rate for the British Pound, increased $1.20 to $181.30, the lowest buying rate was unmoved at $143.42, with the highest selling rate dipped 97 cents to $183.93 and the lowest selling rate rose 80 cents to $173.60.

Thursday’s sales & purchases equal

MoneyKeyboard150x150 Sale of and purchases of all currencies by dealers was equally matched on Thursday as the Jamaican dollar slipped against two of main currencies it regularly trades against. Dealers bought the equivalent of US$26,229,816 compared with US$26,615,499, on Wednesday while they sold the equivalent of US$26,264,239 versus US$28,759,140 previously.
In US dollar trading, dealers bought US$22,637,066 compared to US$23,232,481 on Wednesday. The buying rate for the US dollar gained 13 cents at $115.68 and US$24,198,294 was sold versus US$ 26,875,275 on Wednesday, the selling rate climbed 7 at $116.33. The Canadian dollar buying rate slipped 61 cents to $91.95 with dealers buying C$666,284 and selling C$958,498, at an average rate that fell 5 cents to $94.94.FX sum 11-6-15 The rate for buying the British Pound rose 33 cents to $176.50 for the purchase of £1,490,432, while £498,583 was sold, at an average rate that rose by 54 cents to $178.90. At the end of trading it took J$131.40 to purchase the Euro, 67 cents more than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.64 for 45 cents higher than Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$789,007, while the equivalent of US$516,979, was sold.
Highs & Lows| The highest buying rate for the US dollar rose 15 cents to $116.50, the lowest buying and the highest selling rates remained unchanged at $95.19 and $121.98, respectively. The lowest selling rate climbed $1.88 to $97.07. FX hl 11-6-15The highest buying rate for the Canadian dollar dropped $1.79 to $94.60, the lowest buying rate climbed 46 cents to $75.28, the highest selling was down 13 cents at $97.05 and the lowest selling rate fell 30 cents to $90.70. The highest buying rate for the British Pound, declined 65 to $180.10, the lowest buying rate rose 41 cents to $143.42, with the highest selling rate climbing $1.24 to $184.90 and the lowest selling rate fell $1.50 to $172.80.