Jamaican$ gains vs US$ on Tuesday

The selling rate of US dollar fell against the Jamaican dollar by 19 cents on Tuesday, with the rate dealers bought US dollar for 4 cents more than the closing rate at the close of the previous trading day.
On Tuesday, Inflows of all currencies, totaled US$43.67 million, versus US$55.82 million on Monday with the selling of US$43.99 million in contrast to US$55.32 million previously traded.
In US dollar trading, dealers sold US$42.37 million at an average of J$128.18 at, at the close, compared to US$51.22 million at an average of J$128.47 on Monday. Purchases of the US currency by dealers, amounted to US$38.98 million at an average of $127.06 at the close, compared US$49.73 million at an average of $127.02.
At mid-day on Tuesday dealers purchased US$14.3 million at an average rate of J$126.89 and sold US$16.19 million at an average of J$127.89. At mid-day on Monday dealers purchased US$27.95 million at an average rate of J$127.40 and sold US$20.44 million at an average of J$128.34.
The selling rate on Tuesday, for the Canadian dollar slipped to J$97.52 from J$98.06 at the close on Monday, the selling rate for the British Pound rose to J$177.97 from J$177.38 previously and the euro gained against the Jamaican dollar at J$158.66 to buy the European common currency, versus the prior selling rate of J$156.69.

More losses for Jamaican$ on Monday

The selling rate of US dollar rose against the Jamaican dollar by 7 cents on Monday, with the rate dealers bought US dollar for 55 cents more than the closing rate at the close of the previous trading day.
On Monday, inflows of all currencies, totaled US$55.82 million, versus US$36.25 million on Friday with the selling of US$55.32 million in contrast to US$42.96 million previously.
In US dollar trading, dealers sold US$51.22 million at J$128.47 each, at the close, compared to US$40.82 million at an average of J$128.40 on Friday. Purchases of the US currency by dealers, amounted to US$49.73 million at an average of $127.02 at the close, compared US$34.14 million at an average of $126.47.
At mid-day on Monday dealers purchased US$27.95 million at an average rate of J$127.40 and sold US$20.44 million at an average of J$128.34.
The selling rate on Monday, for the Canadian dollar rose to J$98.06 from J$96.87 at the close on Friday, the selling rate for the British Pound rose to J$177.38 from J$176.89 previously and the euro gained against the Jamaican dollar at J$156.69 to buy the European common currency, versus the prior selling rate of J$156.35.

Jamaican$ lost value on Friday

The selling rate of US dollar rose against the Jamaican dollar by 51 cents on Friday, with the rate dealers bought US dollar for 16 cents more than the closing rate at the close of the previous trading day.
On Friday, inflows of all currencies, totaled US$36.25 million, versus US$27.16 million on Thursday with the selling of US$42.96 million in contrast to US$35.35 million previously.
In US dollar trading, dealers sold US$40.82 million at J$128.40 each, at the close, compared to US$34.20 million at an average of J$127.99 on Thursday. Purchases of the US currency by dealers, amounted to US$34.14 million at an average of $126.47 at the close, compared US$25.25 million at an average of $126.31.
The selling rate on Friday, for the Canadian dollar dropped to J$96.87 from J$99.41 at the close on Thursday, the selling rate for the British Pound rose to J$176.89 from J$175.27 previously and the euro gained against the Jamaican dollar at J$156.35 to buy the European common currency, versus the prior selling rate of J$154.30.

Jamaican$ gains value on Thursday

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The selling rate of US dollar declined against the Jamaican dollar by 16 cents on Thursday, with the rate dealers bought US dollar for 17 cents more than the closing rate at the close of the previous trading day.
On Thursday, Inflows of all currencies, totaled US$27.16 million, versus US$53.61 million on Wednesday with the selling of US$35.35 million in contrast to US$47.22 million previously.
In US dollar trading, dealers sold US$34.2 at J$127.99 at the close, compared to US$45.20 million at an average of J$128.15 on Wednesday. Purchases of the US currency by dealers, amounted to US$25.25 million at an average of $126.31 at the close, compared US$46.63 million at an average of J$126.14.
The selling rate on Thursday, for the Canadian dollar dipped to J$99.41 from J$101.52 at the close on Wednesday, the selling rate for the British Pound declined to J$175.27 from J$177.28 previously and the euro fell in value against the Jamaican dollar at J$154.30 to buy the European common currency, versus the prior selling rate of J$156.24.

Jamaican$ trades mixed on Wednesday

The selling rate of US dollar rose against the Jamaican dollar 22 cents on Wednesday, with the rate dealers bought US dollar for 4 cents less than the closing rate at the close of the previous day as supplies fell below demand.
On Wednesday, Inflows of all currencies, totaled US$53.61 million, versus US$29.01 million on Tuesday with the selling of US$47.22 million in contrast to US$36 million previously.
In US dollar trading, dealers sold US$45.20 million at an average of $128.15 at the close, compared to US$32.02 million at an average of $127.93 on Tuesday. Purchases of the US currency by dealers, amounted to US$46.63 million at an average of $126.14 at the close, compared US$26.75 million at an average of $126.19.
The selling rate on Wednesday, for the Canadian dollar dipped to J$101.52 from J$102.20 at the close on Tuesday, the selling rate for the British Pound rose to J$177.28 from J$176.87 previously and the euro fell value against the Jamaican dollar at J$156.24 to buy the European common currency, versus the prior selling rate of J$156.85.

More decline for Jamaican$ – Tuesday

The selling rate of US dollar rose against the Jamaican dollar 25 cents on Tuesday, with the rate dealers bought US dollar at rising by 13 cents from the closing rate at the close of the previous week as supplies fell below demand.
On Tuesday, Inflows of all currencies, totaled US$29.01 million, versus US$42.93 million on Monday with the selling of US$36 million in contrast to US$44.41 million previously.
In US dollar trading, dealers sold US$32.02 million at an average of $127.93 at the close, compared to US$43.35 million at an average of $127.68 on Monday. Purchases of the US currency by dealers, amounted to US$26.75 million at an average of $126.19 at the close, compared US$40.56 million at an average of $126.06.
The selling rate on Tuesday, for the Canadian dollar jumped to J$102.20 from J$98.58 at the close on Monday, the selling rate for the British Pound rose to J$176.87 from J$175.67 previously and the euro gained value against the Jamaican dollar at J$156.85 to buy the European common currency, versus the prior selling rate of J$154.74.

J$ falls against US$ to start week

The selling rate of US dollar rose against the Jamaican dollar 24 cents on Monday, with the rate dealers bought US dollar at rising by 59 cents from the closing rate at the close of the previous week as supplies fell below demand.
On Monday, Inflows of all currencies, totaled US$42.93 million, versus US$33.35 million on Friday with the selling of US$44.41 million in contrast to US$31.73 million previously.
In US dollar trading, dealers sold US$43.35 million at an average of $127.68 at the close, compared to US$27.92 million at an average of $127.44 on Friday. Purchases of the US currency by dealers, amounted to US$40.56 million at an average of $126.06 at the close, compared US$28.22 million at an average of $125.47.
At mid-day on Monday dealers purchased US$20.98 million at an average rate of J$126.30 and sold US$19.35 million at an average of J$127.67. On Friday at midday dealers purchased US$12.12 million at an average rate of J$126.16 and sold US$9.16 million at an average of J$127.53.
The selling rate on Monday, for the Canadian dollar fell to J$98.58 from J$98.59 at the close on Friday, the selling rate for the British Pound slipped to J$175.67 from J$177.86 previously and the euro declined in value against the Jamaican dollar at J$154.74 to buy the European common currency, versus the prior selling rate of J$159.60.

FX trading falls for the week

The selling rate of Jamaican dollar fell 42 cents in value against the United States dollar for the week ending Friday, but the rate dealers bought US dollar fell 30 cents from the closing rate of the previous week.
For the week, dealers traded less foreign currency that in the prior week. They purchased US$174 million in all currencies, down from US$185 million in the previous week and sold US$156 million, down from US$167 million sold in the prior week. Actual US dollar purchases amounted to US$155 million down from US$171 million in the prior week and sold US$144 compared to US$159 million.
On Friday, Inflows of all currencies, totaled US$33.35 million, versus US$37.13 million on Thursday with the selling of US$31.73 million in contrast to US$28.47 million previously.
In US dollar trading, dealers sold US$27.92 million at an average of $127.44 at the close, compared to US$26.17 million at an average of $127.14 on Thursday.Purchases of the US currency by dealers, amounted to US$28.22 million at an average of $125.47 at the close, compared US$32.54 million at an average of $125.83.
At mid-day on Friday dealers purchased US$12.12 million at an average rate of J$126.16 and sold US$9.16 million at an average of J$127.53. On Thursday at midday dealers purchased US$9.03 million at an average rate of J$125.88 and sold US$6.97 million at an average of J$126.69.
The selling rate on Friday, for the Canadian dollar fell to J$98.59 from J$99.45 at the close on Thursday, the selling rate for the British Pound rose to J$177.86 from J$176.63 previously and the euro jumped in value against the Jamaican dollar at J$159.60 to buy the European common currency, versus the prior selling rate of J$153.88.

FX demand dips revalues Jamaican$

The Jamaican dollar continues the recent decline in value against the United States dollar on Thursday, ending with a fall of 16 cents in the rate to buy the US dollar while the rate paid by dealers climbed 52 cents.
The British Pound and the euro also lost ground against the Jamaican dollar at the end of FX trading on Thursday.
Inflows of all currencies, totaled US$ 37.13 million, versus US$35.05 million on Wednesday with the selling of US$28.47 million in contrast to US$33.63 million previously.
In US dollar trading, dealers sold US$26.17 million at an average of $127.14 at the close, compared to US$31.34 million at an average of $127.33 on Wednesday. Purchases of the US currency by dealers, amounted to US$32.54 million at an average of $125.83 at the close, compared US$31.95 million at an average of $125.31.
At mid-day on Thursday dealers purchased US$9.03 million at an average rate of J$125.88 and sold US$6.97 million at an average of J$126.69. On Wednesday at midday dealers purchased US$9.3 million at an average rate of J$125.84 and sold US$10.99 million at an average of J$127.47.
The selling rate on Thursday, for the Canadian dollar rose to J$99.45 from 98.37 at the close on Wednesday, the selling rate for the British Pound fell to J$176.63 from J$178.04 previously and the euro dropped in value against the Jamaican dollar at J$153.88 to buy the European common currency, versus the prior selling rate of J$156.78.

More Jamaican dollar losses – Wednesday

The Jamaican dollar continues the recent decline in value against the United States dollar on Wednesday, ending with a rise of 8 cents in the rate to buy the US dollar while the rate paid by dealers fell 29 cents.
Inflows of all currencies, totaled US$35.05 million, versus US$36.98 million on Tuesday with the selling of US$33.63 million in contrast to US$32.70 million previously.
In US dollar trading, dealers sold US$31.34 million at an average of $127.33 at the close, compared to US$30.91 million at an average of $127.15 on Tuesday. Purchases of the US currency by dealers, amounted to US$31.95 million at an average of $125.31 at the close, compared US$33.64 million at an average of $125.60.
At mid-day on Wednesday dealers purchased US$9.3 million at an average rate of J$125.84 and sold US$10.99 million at an average of J$127.47. On Tuesday at midday dealers purchased US$11.85 million at an average rate of J$125.72 and sold US$9.85 million at an average of J$126.96.
The selling rate on Wednesday, for the Canadian dollar fell to J$98.37 from J$100.62 at the close on Tuesday, the selling rate for the British Pound increased to J$178.04 from J$176.40 previously and the euro declined in value against the Jamaican dollar at J$156.78 to buy the European common currency, versus the prior selling rate of J$156.92.