Sale of all currencies by dealers exceeded the amounts bought by US$3 million on Tuesday as the Jamaican dollar slipped against the three main currencies it regularly trades against. Dealers bought the equivalent of US$33,963,876 compared with US$42,299,523, on Monday while they sold the equivalent of US$37,019,836 versus US$ $37,983,946 previously.
In US dollar trading, dealers bought US$29,012,318 compared to US$39,031,074 on Monday. The buying rate for the US dollar gained 6 cents at $115.74 and US$33,329,699 was sold versus US$36,387,817 on Monday, the selling rate rose 3 cent to $116.26. The Canadian dollar buying rate jumped $2.25 to $92.71 with dealers buying C$1,886,229 and selling C$1,600,514, at an average rate that rose 62 cents to $93.84. The rate for buying the British Pound climbed $2.35 to $176.58 for the purchase of £2,157,374, while £1,211,712, was sold, at an average rate that rose by 45 cents to $177.90. At the end of trading it took J$130.23 to purchase the Euro, $1.12 more than on Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.67 for 98 cents higher than Monday’s rate. Other currencies bought, amounted to the equivalent of US$149,391, while the equivalent of US$544,350, was sold.
Highs & Lows| The highest buying rate for the US dollar rose 5 cents to $116.45, the lowest buying rate gained 44 cents to $88.50, the highest selling rate remained unchanged at $121.98, but the lowest selling rate climbed $2.26 to $97.45. The highest buying rate for the Canadian dollar rose 30 cents to $94.30, the lowest buying rate climbed 75 cents to $74.37, the highest selling was unchanged at $96.50 and the lowest selling rate rose 90 cents to $89.60. The highest buying rate for the British Pound, increased 20 cents to $178.70, the lowest buying rate jumped $7.14 to $142.14, with the highest selling rate falling $1.77 to $181.47 and the lowest selling rate rose 75 cents to $172.

On Friday, the Jamaican dollar slipped against the US dollar and British pound and gained against the Canadian dollar, as purchases of all currencies by dealers amounted to the equivalent of US$29,862,314 compared with US$32,964,911, on Thursday and selling of the equivalent of US$29,000,152 versus sale of US$27,642,328, previously.
In US dollar trading, dealers bought US$26,604,631 compared to US$28,792,177 on Thursday. The buying rate for the US dollar rose 10 cents to $115.57 and US$27,054,347 was sold versus US$26,502,659 on Thursday, the selling rate was up 7 cents to $116.10. The Canadian dollar buying rate slipped 9 cents to $94.60 with dealers buying C$1,106,157 and selling C$550,926, at an average rate that declined 67 cents to $96.61. The rate for buying the British Pound jumped $2.45 to $180.53 for the purchase of £1,449,736, while £860,481, was sold, at an average rate that rose 67 cents to $182.55. At the end of trading it took J$132.05 to purchase the Euro, 39 cents more than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.43 for an increase of 37 cents on Thursday’s rate. Other currencies bought, amounted to the equivalent of US$87,807, while the equivalent of US$134,455, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 19 cents to $116.50. The lowest buying, the highest and the lowest selling rates were unchanged at $94.77, $121.44 and $94.77 respectively. The highest buying rate for the Canadian dollar rose 55 cents to $97.50. The lowest buying rate was up 20 cents to $76.98, the highest selling rate rose just 12 cents to $99.24 and the lowest selling rate gained $1.75 to $92.75. The highest buying rate for the British Pound, rose 60 cents to $183.25, the lowest buying rate gained 42 cents to $146.50, the highest selling rate fell 94 cents to $185.54 with the lowest selling rate rising 74 cents to $174.30.

On Monday, the Jamaican dollar slipped slightly against the US dollar and the British pound and gained against Canadian dollar as purchases of all currencies by dealers amounted to the equivalent of US$51,284,150 compared with US$30,912,231, on Friday and selling of the equivalent of US$40,876,396 versus sale of US$25,107,740, previously.
In US dollar trading, dealers bought US$46,738,177 compared to US$26,664,183 on Friday. The buying rate for the US dollar rose 4 cents to $115.36 and US$38,332,897 was sold versus US$22,768,790 on Friday, the selling rate was up 1 cent to $115.86. The Canadian dollar buying rate fell 51 cents to $93.98 with dealers buying C$1,976,566 and selling C$1,296,743, at an average rate that fell 33 cents to $95.36 The rate for buying the British Pound declined $1.22 to $175.33 for the purchase of £1,826,519, while £578,004, was sold, at an average rate that rose 26 cents to $178.36. At the end of trading it took J$129.97 to purchase the Euro, 46 cents less than on Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.43 for a fall of 37 cents from Friday’s rate. Other currencies bought, amounted to the equivalent of US$159,772, while the equivalent of US$586,357, was sold.
Highs & Lows| The highest buying rate for the US dollar, fell 5 cents to $116.10. The lowest buying rate remained at $94.61 and highest selling rate rose 21 cents to $121.44, while the lowest selling rate jumped $19.45 to $113.30. The highest buying rate for the Canadian dollar fell 21 cents to $95.75. The lowest buying rate dropped 75 cents to $75.86, the highest selling rate was unmoved at $98.76 and the lowest selling rate climbed $1.40 to $91.40. The highest buying rate for the British Pound, climbed $1.65 to $180.65, the lowest buying rate jumped $17.10 to $141.10, the highest selling rate rose $1.09 to $183.22 with the lowest selling rate rising $1 to $170.