The selling rate for the Jamaican dollar is within smelling distance from $120 to the US dollar on Tuesday. Purchases by dealers of foreign currencies on Tuesday saw dealers buying the equivalent of US$42,927,303 in contrast to US$23,781,584 on Monday, while they sold the equivalent of US$39,419,041, previously US$27,537,023.
In US dollar trading , dealers bought US$40,544,295 compared to US$20,212,171 on Monday. The buying rate for the US dollar rose 69 cents to $117.82 and US$37,654,298 was sold versus US$26,270,588 on Monday, the selling rate rose 9 cents to close at $118.43. The Canadian dollar buying rate climbed $1.04 to $86.91, with dealers buying C$1,003,271 and selling C$587,023, at an average rate that slipped 25 cents to $88.24. The rate for buying the British Pound gained 80 cents to $177.91 for the purchase of £1,006,635, while £771,681 was sold, at an average rate that rose $1.65 to end at $180.79. At the end of trading, it took J$132.06 to purchase the Euro, an increase of 72 cents on Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.75, a fall of 10 cents on Monday’s rate. Other currencies bought, amounted to the equivalent of US$122,771, while the equivalent of US$149,320 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 30 cents to $119.15, the lowest buying and the highest selling rates remain unchanged at $96.78 and $124.01 respectively and the lowest selling rate rose $2.07 to $98.43. The highest buying rate for the Canadian dollar rose 14 cents to $89.39, the lowest buying rate fell 25 cents to $70.55 and highest selling rate added 15 cents to end at $91.62, the lowest selling rate remained unchanged at $85. The highest buying rate for the British Pound, climbed 70 cents to $182.50, the lowest buying, the highest and the lowest selling rates were unchanged at $144.09, $185.75 and $173.60 respectively.

The selling rate for the Jamaican dollar was fairly stable against the US dollar on Friday as there was nearly US$8 million more bought than sold. Purchases by dealers of foreign currencies on Friday, resulted in the Jamaican currency selling rate slipping against the Canadian dollar and rising against the British Pound. The market closed with dealers buying the equivalent of US$43,580,467 in contrast to US$26,547,793 on Thursday, while they sold the equivalent of US$34,164,793, previously US$29,211,572.
In US dollar trading , dealers bought US$40,116,402 compared to US$23,903,351 on Thursday. The buying rate for the US dollar rose 23 cents to $117.68 and US$32,636,062 was sold versus US$27,572,536 on Thursday, the selling rate gained 1 cent to close at $118.16. The Canadian dollar buying rate fell $1.14 to $86.34, with dealers buying C$760,150 and selling C$908,138, at an average rate that rose 50 cents to $89.39. The rate for buying the British Pound rose 93 cents to $177.88 for the purchase of £1,861,676, while £453,758 was sold, at an average rate that fell 92 cents to end at $179.38. At the end of trading, it took J$131.11 to purchase the Euro, down $1.43 on Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.38, a decline of $1.45 on Thursday’s rate. Other currencies bought, amounted to the equivalent of US$92,322, while the equivalent of US$152,862 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 5 cents to $118.75, the lowest buying rate gained 16 cents to $96.69 and the highest selling rate remained at $123.69. The lowest selling rate fell 70 cents to $114. The highest buying rate for the Canadian dollar lost 40 cents to $89.40, the lowest buying closed unchanged at $70.47 and highest selling rate put on 37 cents to $91.47. The lowest selling rate added 90 cents to end at $84.90. The highest buying rate for the British Pound, fell 10 cents to $180.60, the lowest buying rate eased 21 cents to $144.54, the highest selling rate jumped $3.41 to $187.45 and the lowest selling rate lost $1 to $174.

The selling rate for the Jamaican dollar continues to decline against the US dollar on Thursday. Purchases by dealers of foreign currencies on Thursday, resulted in the Jamaican currency selling rate also slipping against the British Pound and rising moderately against the Canadian dollar.
The market closed with dealers buying the equivalent of US$26,547,793 in contrast to US$31,823,526 on Wednesday, while they sold the equivalent of US$29,211,572, previously US$35,037,208.
In US dollar trading , dealers bought US$23,903,351 compared to US$28,564,957 on Wednesday. The buying rate for the US dollar rose 9 cents to $117.45 and US$27,572,536 was sold versus US$33,039,394 on Wednesday, the selling rate gained 13 cents to close at $118.15. The Canadian dollar buying rate rose 13 cents to $87.48, with dealers buying C$1,242,365 and selling C$626,370, at an average rate that fell 6 cents to $88.89. The rate for buying the British Pound declined by $1.25 to $176.95 for the purchase of £955,925, while £664,231 was sold, at an average rate that rose 94 cents to end at $180.30. At the end of trading, it took J$132.54 to purchase the Euro, down 23 cents on Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.83, a decline of 17 cents on Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$278,949, while the equivalent of US$154,191 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 22 cents to $118.70, the lowest buying and the highest selling rates remained at $96.53 and $123.69 respectively. The lowest selling rate rose $16.44 to $114.70. The highest buying rate for the Canadian dollar lost 5 cents to $89.80, the lowest buying rate lost 50 cents to $70.47 and highest selling rate fell 90 cents to $91.10. The lowest selling rate decline $1.20 to end at $84. The highest buying rate for the British Pound, fell $1.12 to $180.70, the lowest buying rate fell 33 cents to $144.75, the highest selling rate dropped $3 to $184.04 and the lowest selling rate rose by $1.60 to $175.

Purchases by dealers of foreign currencies on Tuesday, resulted in the Jamaican currency selling rate slipping against the US dollar and making gains against the Canadian dollar and the British Pound. The market closed with dealers buying the equivalent of US$28,520,235 in contrast to US$50,144,764 on Monday, while they sold the equivalent of US$33,369,834, previously US$46,892,333.
In US dollar trading , dealers bought US$26,230,782 compared to US$45,236,465 on Monday. The buying rate for the US dollar rose 5 cents to $117.23 and US$31,982,978 was sold versus US$44,880,379 on Monday, the selling rate gained 7 cents to $117.93. The Canadian dollar buying rate rose 57 cents to $87.17 with dealers buying C$1,065,671 and selling C$781,360, at an average rate that fell 1 cent to $88.65. The rate for buying the British Pound dropped $1.30 to $178 for the purchase of £884,006, while £390,883 was sold, at an average rate that fell 86 cents to end at $180.38. At the end of trading, it took J$132.06 to purchase the Euro, with a fall of 21 cents from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.33, a decrease of 41 cents from Monday’s rate. Other currencies bought, amounted to the equivalent of US$154,646, while the equivalent of US$201,641 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 15 cents to $118.45, the lowest buying rate rose 30 cents to $96.53, the highest selling rate rose 32 cents to $123.69 and the lowest selling rate gained $1.95 to $98.10. The highest buying rate for the Canadian dollar dropped 50 cents to $89.30, the lowest buying rate fell 29 cents to $70.55 and highest selling rate remained at $92. The lowest selling rate rose $1 to end at $85. The highest buying rate for the British Pound, dived $2.50 to $180.50, the lowest buying rate rose 12 cents to $145.83, the highest selling rate climbed 16 cents to $188 and the lowest selling rate declined by 55 cents to $175.