Authorized dealers added under $1 million to their stockpile of foreign exchange on Wednesday, moving the net purchases since the end of June, to just above US$177 million by Jamaica’s foreign exchange dealers.
In Wednesday’s trading, dealers bought US$45,088,179 and sold US$44,439,314 compared to US$49,290,241 purchased and US$37,062,318 sold on Tuesday, of all currencies.
In US dollar trading, dealers bought US$41,895,891 compared to US$47,271,163 on Tuesday. The buying rate for the US dollar rose 8 cents to $126.57.
A total of US$42,609,761 was sold versus US$35,570,768 on Tuesday, with the selling rate rising 9 cents to end at $127.12. The Canadian dollar buying rate rose $1.15 to end at $96.41, with dealers buying C$1,640,529 and selling C$980,057 at an average rate that slipped 4 cents to $98.40. The average rate for buying the British Pound jumped $2.18 to $162.39 for the purchase of £1,307,986, while £745,124 was sold to end at $165.09, for a rise of $1.07.
At the end of trading, the selling rate for the Euro, rose 82 cents to close at J$143.02 from Tuesday’s rate, according to data from Bank of Jamaica, The US dollar equivalent of other currencies traded amounts to US$264,486 being bought, while US$103,202 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 rise of $2.30 in the highest buying rate of the Canadian Dollar to close at $100.50, a jump of $2 in the lowest selling rate to end at $92. Trading in the British Pound resulted in a drop of 80 cents in the highest buying rate to $165.60, the highest selling rate jumped $4.12 to close at $172.80 and lowest selling rate fell 40 cents to close of $158.60.
Stock pile moves just above US$177M – Wednesday
Stock pile rises further to US$177M – Tuesday
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.
US$16M added to stock pile – Monday
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.
Now US$149m stock pile – Friday
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 $158.
US$ build bumps up to US$139m – Thursday
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 $156.70.
US$ build up $11m to US$132m – Wednesday
Jamaica’s foreign exchange dealers bought US$11 million more than the amount sold on Wednesday, putting the surplus bought since the end of June to US$132 million, with the rate of the Jamaican dollar rising marginally against the United States currency.
In Wednesday’s trading, dealers bought US$35,858,443 and sold US$24,832,468 compared to US$32,763,938 purchased and US$35,875,715 sold on Tuesday, of all currencies.
In US dollar trading, dealers bought US$32,777,120 compared to US$29,193,791 on Tuesday. The buying rate for the US dollar rose 16 cents to $125.98.
A total of US$23,290,324 was sold versus US$34,459,336 on Tuesday, with the selling rate falling 5 cents to end at $126.66. The Canadian dollar buying rate climbed 18 cents to end at $93.65, with dealers buying C$1,287,555 and selling C$914,662 at an average rate that increased by 96 cents to $96.21. The average rate for buying the British Pound fell 43 cents to $161.18 for the purchase of £1,537,436, while £513,286 was sold to end at a rate of $162.98, for a gain of $1.80.
No rates were posted by Bank Of Jamaica for the Euro, on Wednesday. The US dollar 
equivalent of other currencies traded amounts to US$145,042 being bought, while US$186,931 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 fall of 85 cents in the highest buying rate of the US dollar to $127.15, a jump of $19.75 in the lowest selling rate to $123, a decline of $1 in the lowest selling rate of Canadian Dollar to close at $88, while trading in the British Pound resulted in a dip of $1.75 in the lowest selling rate to $158.
US$ build drops to US$121m on Tuesday
Jamaica’s foreign exchange dealers bought US$3 million less than the amount sold on Tuesday, putting the surplus bought since the end of June to US$121 million, with the rate of the Jamaican dollar slipping marginally against the United States currency.
In Tuesday’s trading, dealers bought US$32,763,938 while they sold US$35,875,715 compared to US$37,926,234 purchased and US$29,940,137 sold on Monday, of all currencies.
In US dollar trading, dealers bought US$29,193,791 compared to US$34,783,369 on Monday. The buying rate for the US dollar rose 1 cent to $125.82.
A total of US$34,459,336 was sold versus US$28,229,128 on Monday, with the selling rate rising 3 cents to end at $126.71. The Canadian dollar buying rate climbed $1.25 to end at $93.47, with dealers buying C$1,128,502 and selling C$540,659 at an average rate that dropped 79 cents to $95.25. The average rate for buying the British Pound rose 65 cents to $161.61 for the purchase of £1,915,825, while £538,882 was sold to end at $164.78, for a gain of 41 cents.
At the end of trading, the selling rate for the Euro, rose by 74 cents to close at J$141.44 from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$132.88 for a fall of $2.31. The US dollar equivalent of other currencies traded amounts to US$255,751 being bought, while US$309,138 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 rise of $1.05 in the highest buying rate of the US dollar to $128, a decline of 76 cents in the highest selling rate of the Canadian Dollar to close at $100.12, a fall of $2 in the lowest selling rate to $89, while trading in the British Pound resulted in a dip of $1.61 in the highest selling rate to $171.95 and a rise of $2.75 in the lowest selling rate to end at $159.75.
US$ build grows to US$124m on Monday
Jamaica’s foreign exchange dealers bought US$8 million more than the amount sold on Monday driving the surplus bought since the end of June to US$124 million. On Monday dealers bought $6.55 million more than they sold adding to the near US$11 million excess purchase on Friday but that did not prevent the average rate for buying the United States dollar from rising. The local currency gained versus the pound, while the selling rate of the Canadian dollar rose against the Jamaica dollar.
In Monday’s trading, dealers bought US$37,926,234 while they sold US$29,940,137 compared to US$37,754,708 purchased and US$25,565,625 sold on Friday, of all currencies.
In US dollar trading, dealers bought US$34,783,369 compared to US$33,387,006 on Friday. The buying rate for the US dollar declined 12 cents to $125.81. 
A total of US$28,229,128 was sold versus US$22,715,862 on Friday, with the selling rate rising 4 cents to end at $126.68. The Canadian dollar buying rate dropped $1.09 cents to end at $92.22, with dealers buying C$1,210,434 and selling C$724,632 at an average rate that rose by 30 cents to $96.04. The average rate for buying the British Pound dropped $2.01 to $161.96 for the purchase of £1,575,303, while £623,808 was sold to end at $164.36, for a gain of $1.22.
At the end of trading, the selling rate for the Euro, rose by 46 cents to close at J$140.71 from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.19 for a gain of 82 cents. The US dollar equivalent of other currencies traded amounts to US$227,656 being bought, while US$352,200 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 90 cents in the highest buying rate of the Canadian Dollar to close at $97.50, a fall of $1.50 in the lowest selling rate to $91, while trading in the British Pound resulted in a dip of $1.80 in the highest buying rate to $165.50, a fall of 67 cents in the lowest buying rate to $133.38, a fall of 86 cents in the highest selling rate to end at $173.56 and the lowest selling rate dropped $3.30 to end at $157.
US$ build grows to US$116m on Friday
The rate for the Jamaica dollar slipped against the United States dollar on Friday even as inflows of the US dollar was nearly US$11 million more than the amount sold. The local currency also declined versus the pound while the selling rate of the Canadian dollar fell versus the Jamaica dollar. At the close on Friday, net inflows into foreign exchange market, rose by US$12 million, pushing the surplus since the end of June to US$116 million.
In Friday’s trading, dealers bought US$37,754,708 while they sold US$25,565,625 compared to US$34,661,238 purchased and US$30,381,784 sold on Thursday, of all currencies.
In US dollar trading, dealers bought US$33,387,006 compared to US$31,789,630 on Thursday. The buying rate for the US dollar increased 14 cents to $125.93.
A total of US$22,715,862 was sold versus US$29,558,903 on Thursday, with the selling rate rising 6 cents to end at $126.64. The Canadian dollar buying rate rose 9 cents to end at $93.31, with dealers buying C$1,279,996 and selling C$457,411, at an average rate that dropped 54 cents to $95.74. The average rate for buying the British Pound rose 29 cents to $163.97 for the purchase of £2,495,745, while £1,792,639 was sold to end at $165.58, for a gain of 34 cents.
At the end of trading, the selling rate for the Euro, rose by 39 cents to close at J$140.25 from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$134.37 for a fall of $1.62. The US dollar equivalent of other currencies traded amounts to US$134,963 being bought, while US$82,661 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 $18.74 in the lowest selling rate of US dollar to $103.21, a decline of $1.40 in the highest buying rate of the Canadian Dollar to close at $96.60, a gain of $2.50 in the lowest selling rate to $92.50, while trading in the British Pound resulted in a dip of $5 in the highest buying rate to $167.30, a fall of $1.41 in the lowest buying rate to $134.05, a fall of $1.84 in the highest selling rate to end at $174.42 and the lowest selling rate rose $2.30 to end at $160.30.
US$ build continues on Thursday
The rate for the Jamaica dollar slipped slightly against the United States dollar on Thursday but gained versus the pound and the Canadian dollar as net inflows into the Jamaica’s foreign exchange market, rose by US$4 million, pushing the surplus since the end of June to US$104 million. In Thursday’s trading, dealers bought US$34,661,238 while they sold US$30,381,784 compared to US$42,999,802 purchased and US$45,211,506 sold on Wednesday, of all currencies.
In US dollar trading, dealers sold US$2 million less than they bought, with buying amounting to US$31,789,630 compared to US$37,624,597 on Wednesday. The buying rate for the US dollar remained at $125.79. 
A total of US$29,558,903 was sold versus US$42,675,173 on Wednesday, with the selling rate rising 3 cents to end at $126.58. The Canadian dollar buying rate fell 22 cents to end at $93.22, with dealers buying C$1,014,434 and selling C$567,619, at an average rate that dropped 36 cents to $96.28. The average rate for buying the British Pound dropped $1.90 to $163.68 for the purchase of £1,525,391, while £236,288 was sold to end at $165.24, for a fall of $2.55.
At the end of trading, the selling rate for the Euro, slipped by 10 cents to close at J$139.85 from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.99 for a rise of $1.88. The US dollar equivalent of other currencies traded amounts to US$134,963 being bought, while US$82,661 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 jump of $18.74 in the lowest selling rate of US dollar to $121.95, a rise of 90 cents in the highest buying rate of the Canadian Dollar to close at $98, a fall of $1 in the lowest selling rate to $90, while trading in the British Pound resulted in a gain of $3.40 in the highest buying rate to $172.30, a rise of $1.41 in the lowest buying rate to $135.46 and a fall of $3 in the lowest selling rate to end at $158.
