J$ stable against US dollar on Thursday

The Jamaican dollar was stable against the US Dollar, gained value on Thursday versus the British pound but declined against the Canadian dollar. Purchases of all currencies by dealers ended at US$30,479,664 equivalent compared with US$36,518,886, on Wednesday and selling of the equivalent of US$33,875,356 versus US$38,523,072 on the previous trading day.
FX sum 5-3-15 In US dollar trading, dealers bought US$26,732,122 compared to US$30,375,504 on Wednesday. The buying rate for the US dollar gained 3 cents to end at $115.08 and US$31,619,074 was sold versus US$34,883,857 on Wednesday, the selling rate was unchanged at $115.58. The Canadian dollar buying rate dropped $1.30 to $90.57 with dealers buying C$846,123 and selling C$533,240, at an average rate that climbed 26 cents to $92.58. The rate for buying the British Pound dipped $1.15 to $174.53 for the purchase of £1,387,023, while £726,166 was sold, at an average rate of $175.66, for a decline of $1.48. At the end of trading it took J$127.92 to purchase the Euro, $1.35 lower than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$125.42 for a decline of $1.53 from Wednesday. Other currencies bought, amounted to the equivalent of US$978,170 while the equivalent of US$725,529, was sold.
FXHL 5-3-15Highs & Lows| The highest buying rate for the US dollar, fell 25 cents to $115.75, the lowest buying and the highest selling rates remained at $94.36 and $120.91 respectively. The lowest selling rate rose 50 cents to $113.50. The highest buying rate for the Canadian dollar declined $1.50 cents to $92.50, the lowest buying rate rose 8 cents to $73.04. The highest selling rate fell 70 cents to $94.91 and the lowest selling rate was up 10 cents to $88. The highest buying rate for the British Pound, climbed 73 cents to $176.75. The lowest buying rate rose $2.28 to $142.01, the highest selling rate gained $3.11 to $183.08 and the lowest selling rate rose $2.75 to $171.10.

J$ slips against US & Pound- Friday

the Jamaican dollar slipped in value on Friday against the British Pound and the Us dollar but gained against the Canadian with purchases of all currencies by dealers amounting to US$41,792,863 compared with the US$36,782,160, on Thursday and selling of the equivalent of US$42,252,844 versus US$51,379,595 sold on Thursday.
FX sum 27-2-15 In US dollar trading, dealers bought US$36,360,074 compared to US$31,445,586 on Thursday. The buying rate for the US dollar put on 3 cents to $115.15 and US$39,309,385 was sold versus US$49,329,254 on Thursday, the selling rate rose 5 cents to $115.64 The Canadian dollar buying rate jumped $1.34 to $92.04 with dealers buying C$2,968,466, and selling C$1,859,975, at an average rate that gained 39 cents to $92.64. The rate for buying the British Pound dipped 33 cents to $176.71 for the purchase of £1,911,861, while £763,754 was sold, at an average rate of $178.63, down by 1 cent. At the end of trading it took J$129.62 to purchase the Euro, $1.67 less than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.15 for $1.67 less than on Thursday. FXHL - 27-2-15 Other currencies bought, amounted to the equivalent of US$126,015 while the equivalent of US$273,697, was sold.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the highest selling rates remained at $115.80, $94.36 and $120.91 respectively. The lowest selling rate dropped $17.11 to $96.39. The highest buying rate for the Canadian dollar jumped $3.20 to $96.20, the lowest buying rate fell 45 cents to $73.25. The highest selling rate rose $1.74 to $97 and the lowest selling rate jumped $11.74 to $87.25 The highest buying rate for the British Pound, slipped 80 cents to $178.10. The lowest buying rate fell 54 cents to $142.88, the highest selling rate lost $3.04 to $181.86 and the lowest selling rate declined 35 cents to $172.15.

Selling exceeds buying by US$15m – Thursday

Purchases of all currencies by dealers amounting to US$36,782,160 compared with the US$42,869,906, on Wednesday nearly US$15 million more than selling of the equivalent of US$51,379,595 versus US$41,114,060 sold on Wednesday.
FX sum 26-2-15In US dollar trading, dealers bought US$31,445,586 compared to US$36,345,296 on Wednesday. The buying rate for the US dollar lost 3 cents to $115.12 and US$49,329,254 was sold versus US$38,634,332 on Wednesday, the selling rate fell 1 cent to $115.59. The Canadian dollar buying rate dropped 59 cents to $90.69 with dealers buying C$1,219,191, and selling C$597,637, at an average rate that dipped 12 cents to $92.25. The rate for buying the British Pound climbed 92 cents to $177.04 for the purchase of £2,670,775, while £924,411 was sold, at an average rate of $178.64, up 52 cents. At the end of trading it took J$131.30 to purchase the Euro, 25 cents more than on Wednesday , according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.82 for 18 cents more than on Wednesday . Other currencies bought, amounted to the equivalent of US$268,778 while the equivalent of US$144,804, was sold.
FXhl 26-2-15Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the highest selling rates remained at $115.80, $94.36 and $120.91 respectively. The lowest selling rate jumped $22.75 to $113.50. The highest buying rate for the Canadian dollar remained at $93, the lowest buying rate rose $1.32 to $73.70. The highest selling rate was unchanged at $95.26 and the lowest selling rate fell $11.69 to $75.51 The highest buying rate for the British Pound, slipped 50 cents to $178.90. The lowest buying rate climbed 66 cents to $143.42, the highest selling rate gained $1.74 to $184.90 and the lowest selling rate climbed 50 cents to $172.50.

J$ holding against US dollar – Wednesday

Inflows of foreign exchange into the system continued to be buoyant on Wednesday with slightly more buying than selling of foreign currencies by dealers. Purchases of all currencies amounting to US$42,869,906 compared with the US$43,926,359, on Tuesday. Selling was for the equivalent of US$41,114,060 versus US$42,891,279 sold on Tuesday.
FX sum 25-2-15In US dollar trading, dealers bought US$36,345,296 compared to US$38,670,944 on Tuesday. The buying rate for the US dollar lost 5 cents to $115.15 and US$38,634,332 was sold versus US$39,072,048 on Tuesday, the selling rate put on 1 cent to $115.60. The Canadian dollar buying rate rose 95 cents to $91.28 with dealers buying C$1,526,264, and selling C$1,396,081, at an average rate that rose $1.12 to $92.37. The rate for buying the British Pound dipped 14 cents to $176.12 for the purchase of £3,346,852, while £410,120 was sold, at an average rate of $178.12, a fall of 25 cents. At the end of trading it took J$131.05 to purchase the Euro, 20 cents less than on Tuesday , according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.64 for 7 cents less than on Tuesday . Other currencies bought, amounted to the equivalent of US$195,963 while the equivalent of US$732,265, was sold.
FX HL 25-2-15Highs & Lows| The highest buying rate for the US dollar declined 15 cents to $115.80 and the lowest buying rate remained at $94.36. The highest selling rate fell 21 cents to $120.91. The lowest selling rate fell $3.61 to $90.75. The highest buying rate for the Canadian dollar rose 50 cents to $93, the lowest buying rate dropped 16 cents to $72.38. The highest selling rate lost 24 cents to $95.26 and the lowest selling rate fell 20 cents to $87.20. The highest buying rate for the British Pound, rose 30 cents to $179.40. The lowest buying rate climbed 46 cents to $142.76, the highest selling rate dipped 29 cents to $183.16 and the lowest selling rate climbed 55 cents to $172.

Buoyant foreign exchange flows – Monday

Inflows of foreign exchange into the system was buoyant on Monday with equal buying and selling of foreign currencies by dealers. Purchases of all currencies amounting to US$47,161,608 compared with the US$47,277,720, on Friday. Selling was for the equivalent of US$47,139,887 versus US$64,474,492 sold on Friday.
FX sum 23-2-15In US dollar trading, dealers bought US$42,803,483 compared to US$44,421,153 on Friday. The buying rate for the US dollar fell 20 cents to $115.08 and US$40,580,251 was sold versus US$62,378,941 on Friday, the selling rate dropped 1 cent to $115.59. The Canadian dollar buying rate slid $1.10 to $89.47 with dealers buying C$1,272,071, and selling C$5,738,923, at an average rate that rose 35 cents to $92.97. The rate for buying the British Pound climbed 78 cents to $176.02 for the purchase of £2,046,945, while £1,118,586 was sold, at an average rate of $177.74, up by 26 cents. At the end of trading it took J$131.42 to purchase the Euro, 35 cents less than on Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.09 for 19 cents lower than on Friday. FXHL 23-2-15 Other currencies bought, amounted to the equivalent of US$238,295 while the equivalent of US$223,572, was sold.
Highs & Lows| The highest buying rate for the US dollar fell 10 cents to $115.80 and the lowest buying rate dropped $5.09 to $89.43. The highest selling rate remained at $121.12. The lowest selling rate rose 16 cents to $94.52. The highest buying rate for the Canadian dollar climbed 38 cents to $92.70, the lowest buying rate was up 44 cents to $73.56. The highest selling rate dipped 65 cents to $94.91 and the lowest selling rate rose 60 cents to $88.70. The highest buying rate for the British Pound, gained $1.64 to $179.40. The lowest buying rate fell 46 cents to $142.51, the highest selling rate jumped $1.82 to $183.72 and the lowest selling rate dipped $2.55 cents to $169.70.

BNS dumps US$19m in 2 days

sotia firvw 1 Bank of Nova Scotia (BNS)
bought just US$3.9 million on Friday but sold US$17.8 million. On Thursday BNS sold US$12.6 million compared buying of only US$7.97 million, resulting in a net sale of US$19 in the two days.

On Thursday, National Commercial Bank (NCB) also sold more than they bought, with buying accounting for $6 million and selling US$10.5 million. NCB’s trade on Friday, was more balanced, with selling of just US$1 million more than they bought. While Scotia’s average selling rate was $115.70 on Thursday, on Friday it fell to $115.57, in contrast NCB’s average selling rate on Friday was $115.75 and $115.69 on Thursday.
FX sum 20-2-15There was more selling than buying of foreign currencies by dealers on Friday, with purchases of all currencies amounting to US$47,277,720 compared with US$42,778,081, on Thursday. Selling was the equivalent of US$64,474,492 versus US$52,219,662 sold on Thursday.
In US dollar trading, dealers bought US$44,421,153 compared to US$38,951,367 on Thursday. The buying rate for the US dollar climbed 5 cents to $115.28 and US$62,378,941 was sold versus US$49,786,691 on Thursday, the selling rate dropped 9 cents to $115.60. The Canadian dollar buying rate climbed 21 cents to $90.57 with dealers buying C$1,055,161, and selling C$1,040,220, at an average rate that remained unchanged at $92.62. The rate for buying the British Pound dropped $1.04 to $175.24 for the purchase of £1,068,882, while £726,396 was sold, at an average rate of $177.48, down by 44 cents. At the end of trading it took J$131.77 to purchase the Euro, 35 cents more than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.28 for 34 cents over the rate on Thursday. Other currencies bought, amounted to the equivalent of US$402,706 while the equivalent of US$146,908, was sold.
FXhl 20-2-15Highs & Lows| The highest buying rate for the US dollar and the lowest buying rates remained at $115.90 and $94.52 respectively. The highest selling lost 11 cents to $121.12. The lowest selling rate fell 66 cents to $94.36. The highest buying rate for the Canadian dollar fell $1.68 to $92.32, the lowest buying rate dipped 92 cents to $73.12. The highest selling rate rose 12 cents to $95.56 and the lowest selling rate lost $1.10 to $88.10. The highest buying rate for the British Pound, dropped 74 cents to $177.76. The lowest buying rate climbed 21 cents to $142.97, the highest selling rate dropped $2.14 to $181.90 and the lowest selling rate was up 25 cents to $172.25.

US$10m sell off on Thursday

There was more selling than buying foreign currencies by dealers on Thursday with purchases of all currencies, amounting to US$42,778,081 compared with the US$30,677,230, on Tuesday and selling of the equivalent of US$52,219,662 versus US$30,462,192 sold on Tuesday.
FX summ 19-2-15In US dollar trading, dealers bought US$38,951,367 compared to US$26,930,923 on Tuesday. The buying rate for the US dollar climbed 1 cent to $115.23 and US$49,786,691 was sold versus US$28,282,954 on Tuesday, the selling rate gained 2 cents to $115.69. The Canadian dollar buying rate dived 27 cents to $90.36 with dealers buying C$1,180,113, and selling C$586,622, at an average rate that rose 8 cents, to $92.62. The rate for buying the British Pound jumped $1 to $176.28 for the purchase of £1,775,831, while £933,879 was sold, at an average rate of $177.92, while it gained 44 cents. At the end of trading it took J$131.42 to purchase the Euro, 56 cents less than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.94 for 18 cents lower and on Tuesday. Other currencies bought, amounted to the equivalent of US$184,444 while the equivalent of US$527,064, was sold.
FX HL 19-2-15Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the highest selling rates remained at $115.90, $94.52 and $121.23 respectively. The lowest selling rate fell $18.18 to $95.02. The highest buying rate for the Canadian dollar rose $1 to $94, the lowest buying rate climbed 42 cents to $74.04. The highest selling rate fell 12 cents to $95.44 and the lowest selling rate gained 50 cents to $89.20. The highest buying rate for the British Pound, rose 65 cents to $178.50. The lowest buying rate climbed 17 cents to $142.76, the highest selling rate increased 21 cents to $184.04 and the lowest selling rate was up 20 cents to $172.

J$ up vs US$ on Tuesday

There was even flows of foreign currencies on Tuesday with purchases of all currencies by dealers, amounting to US$30,677,230 compared with the US$27,990,320, on Monday and selling the equivalent of US$30,462,192 versus US$32,644,232 sold on Monday.
FX sum 17-2-15In US dollar trading, dealers bought US$26,930,923 compared to US$23,883,763 on Monday. The buying rate for the US dollar climbed 28 cents to $115.22 and US$28,282,954 was sold versus US$30,042,681 on Monday, the selling rate fell 6 cents to $115.67. The Canadian dollar buying rate dived 13 cents to $90.63 with dealers buying C$998,990, and selling C$675,812, at an average rate that rose 15 cents, to $92.54. The rate for buying the British Pound rose 8 cents to $175.28 for the purchase of £1,390,331, while £667,284 was sold, at an average rate of $177.48, while it gained 23 cents. At the end of trading it took J$131.98 to purchase the Euro, 4 cents higher than on Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.12 for 38 cents lower and on Monday. Other currencies bought, amounted to the equivalent of US$845,369 while the equivalent of US$614,772, was sold.
FXHL 17-2-15Highs & Lows| The highest buying rate for the US dollar, remained at $115.90, the lowest buying rate fell 50 cents to $94.52 and the highest selling rate rose 32 cents to $121.23. The lowest selling rate climbed $16.98 to $113.20. The highest buying rate for the Canadian dollar rose 15 cents to $93, the lowest buying rate climbed 35 cents to $73.62. The highest selling rate rose 56 cents to $95.56 and the lowest selling rate gained 40 cents to $88.70. The highest buying rate for the British Pound, rose 8 cents to $177.85. The lowest buying rate climbed 8 cents to $142.59, the highest selling rate increased 11 cents to $183.83 and the lowest selling rate was up 10 cents to $171.80.

J$ slips slightly V US$ on Monday

There was more selling of foreign currencies than buying on Monday with purchases of all currencies by dealers, amounting to US$27,990,320 compared with the US$44,754,611, on Friday and selling the equivalent of US$32,644,232 versus US$46,877,694 sold on Friday.
FX sum -16-2-15In US dollar trading, dealers bought US$23,883,763 compared to US$41,196,909 on Friday. The buying rate for the US dollar fell 36 cents to $114.94 and US$30,042,681 was sold versus US$44,678,972 on Friday, the selling rate rose 2 cents to $115.73. The Canadian dollar buying rate dived 82 cents to $90.76 with dealers buying C$1,704,731, and selling C$1,320,279, at an average rate that dipped 9 cents, to $92.39. The rate for buying the British Pound fell 8 cents to $175.20 for the purchase of £1,394,464, while £640,023 was sold, at an average rate of $177.25, down by 3 cents. At the end of trading it took J$131.94 to purchase the Euro, 34 cents higher than on Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.50 for 37 cents up from Friday. Other currencies bought, amounted to the equivalent of US$634,865 while the equivalent of US$567,265, was sold.
FXHL 16-2-15Highs & Lows| The highest buying rate for the US dollar, fell 10 cents to $115.90, the lowest buying rate gained $4.32 to $95.02 and the highest selling rate was unchanged at $120.91. The lowest selling rate gave up $17.58 to $96.22. The highest buying rate for the Canadian dollar was unchanged at $92.85, the lowest buying rate climbed 44 cents to $73.27. The highest selling rate rose 21 cents to $95 and the lowest selling rate dropped 50 cents to $88.30. The highest buying rate for the British Pound, slipped 3 cents to $177.77. The lowest buying rate climbed 29 cents to $142.51, the highest selling rate jumped $1.94 to $183.72 and the lowest selling rate decreased $2.50 to $171.70.

J$ gains against US$ on Friday

There was more selling of foreign currencies than buying on Friday with purchases of all currencies by dealers, amounting to US$44,754,611 compared with the US$37,493,058, on Thursday and selling the equivalent of US$46,877,694 versus US$31,450,866 sold on Thursday.
FX sum 13-2-15 In US dollar trading, dealers bought US$41,196,909 compared to US$33,053,912 on Thursday. The buying rate for the US dollar rose 3 cents to $115.30 and US$44,678,972 was sold versus US$28,391,214 on Thursday, the selling rate fell 1 cent to $115.71. The Canadian dollar buying rate recovered 22 cents to $91.58 with dealers buying C$2,075,757, and selling C$1,484,449, at an average rate that rose 20 cents, to $92.48. The rate for buying the British Pound dipped 21 cents to $175.28 for the purchase of £1,166,987, while £461,462 was sold, at an average rate of $177.28, up by 20 cents. At the end of trading it took J$131.61 to purchase the Euro, 75 cents higher than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.13 for 66 cents up from Thursday. Other currencies bought, amounted to the equivalent of US$134,816 while the equivalent of US$305,423, was sold.
FXHL 13-2-15Highs & Lows| The highest buying rate for the US dollar, climbed 10 cents to $116, the lowest buying rate fell $3.66 to $90.70 and the highest selling rate was unchanged at $120.91. The lowest selling rate recovered $17.59 to $113.80. The highest buying rate for the Canadian dollar dived only 25 cents to $92.85, the lowest buying rate climbed 50 cents to $72.83. The highest selling rate dipped 21 cents to $94.79 and the lowest selling rate jumped $1.65 to $88.80. The highest buying rate for the British Pound, rose 30 cents to $177.80. The lowest buying rate climbed 66 cents to $142.22, the highest selling rate fell 71 cents to $181.78 and the lowest selling rate increased $3.65 to $174.20.