Jamaican$ loses value on Wednesday

The Jamaican dollar lost value on Wednesday, against all three main currencies it usually trades against, as authorized dealers purchased the equivalent of US$40,832,885 versus US$52,672,492, on Tuesday. The equivalent of US$39,334,085 was sold, compared with US$42,825,714 on Tuesday.
FX sum - 22-10-14In US dollar trading, dealers bought US$33,287,323 compared to US$48,572,214 on Tuesday. The buying rate for the US dollar declined 9 cents to $112.13 and US$34,157,406 was sold versus US$40,081,642 on Tuesday, the selling rate rose 4 cents to $112.64. The Canadian dollar buying rate, rose $1.81 to $99.53 with dealers buying C$3,597,830 and selling C$2,871,473, at an average selling rate that rose 17 cents, to $100.32. The rate for buying the British Pound climbed $1.73 to $180.01, for the purchase of £2,614,045, while £1,527,787 was sold, at $181.61, an increase of 38 cents. Other currencies bought, amounted to the equivalent of US$155,493, while the equivalent of US$155,892, was sold.
FX HL 22-10-14Highs & Lows| The highest buying rate for the US dollar, declined 3 cents, to $112.72, the lowest buying and the highest selling rates, were unchanged at $91.85 and $117.70 respectively, and the lowest selling rate ended up $1.81 at $93.66. The highest buying rate for the Canadian dollar rose 25 cents to $100.70, the lowest buying rate climbed 58 cents to $79.43 and highest selling rate climbed 30 cents to $102.80. The lowest selling rate was up 70 cents at $95.70. The highest buying rate for the British Pound, rose 90 cents to $182.25, the lowest buying rate rose $1.16 to $145.58, the highest selling rate fell $1.64 to $184.54 and the lowest selling rate rose $1.40 to $175.40.

Jamaican$ gains value on Tuesday

The amount of foreign exchange traded by dealers on Tuesday, was more than on Friday. The equivalent of $10 million was purchased over the amount sold on Tuesday, the day after the market was closed for the public holiday. The Jamaican dollar lost value against the British Pound but gained against the others.
FX Sum 21-10-14Authorized dealers purchased the equivalent of US$52,672,492 versus US$29,491,248, on Friday, with Monday being a public holiday. The equivalent of US$42,825,714 was sold, compared with US$24,981,810 on Friday.
In US dollar trading, dealers bought US$48,572,214 compared to US$25,874,570 on Friday. The buying rate for the US dollar gained 7 cents to $112.22 and US$40,081,642 was sold versus US$22,602,758 on Friday, the selling rate fell 4 cents to $112.60. The Canadian dollar buying rate, rose 17 cents to $97.72 with dealers buying C$1,732,588 and selling C$1,204,424, at an average selling rate that fell 50 cents, to $100.15. The rate for buying the British Pound dropped 27 cents to $178.29, for the purchase of £1,547,779, while £913,135 was sold, at $181.24, an increase of 5 cents. Other currencies bought, amounted to the equivalent of US$132,491, while the equivalent of US$202,971, was sold.
FX hl 21-10-14Highs & Lows| The highest buying rate for the US dollar, closed with a rise of 3 cents, to $112.75, the lowest buying and the highest selling rates, were unchanged at $91.85 and $117.70 respectively and the lowest selling rate ended $1.81 lower at $91.85. The highest buying rate for the Canadian dollar rose 45 cents to $100.45, the lowest buying rate remained unchanged at $78.85 and highest selling rate climbed 50 cents to $102.50. The lowest selling rate was unchanged at $95. The highest buying rate for the British Pound, rose 35 cents to $181.35, the lowest buying rate inched up 21 cents to $144.42, the highest selling rate was unchanged at $186.18 and so was the lowest selling rate at $174.

Jamaican$ loses value on Friday

The amount of foreign exchange bought by dealers on Friday, was more than on Thursday, but the sales were less, but the Jamaican dollar lost value against the three main currencies, the country trades in.
FX sum 17-10-14Authorized dealers purchased the equivalent of US$29,491,248 versus US$27,425,390, on Thursday. The equivalent of US$24,981,810 was sold, compared with US$26,636,124 on Thursday.
In US dollar trading, dealers bought US$25,874,570 compared to US$24,447,336 on Thursday. The buying rate for the US dollar remained at $112.15 and US$22,602,758 was sold versus US$23,969,529 on Thursday, the selling rate put on 2 cents to $112.64. The Canadian dollar buying rate, fell 84 cents to $97.55 with dealers buying C$1,192,088 and selling C$1,239,544, at an average selling rate that rose $1.16, to $100.65. The rate for buying the British Pound climbed $1.51 to $178.55, for the purchase of £1,526,027, while £622,015 was sold, at $181.19, an increase of $1.46. Other currencies bought, amounted to the equivalent of US$150,333, while selling was for the equivalent of US$270,851.
FXHL 17-10-14Highs & Lows| The highest buying rate for the US dollar, closed with a fall of 8 cents, to $112.72, the lowest buying and the highest selling rates, were unchanged at $91.85 and $117.70 respectively and the lowest selling rate ended $1.81 higher at $93.66. The highest buying rate for the Canadian dollar fell $1 to $100, the lowest buying rate declined 33 cents to $78.85 and highest selling rate fell 51 cents to $102. The lowest selling rate declined 40 cents to $95. The highest buying rate for the British Pound, rose 45 cents to $181, the lowest buying rate was unchanged at $144.21, the highest selling rate inched up 27 cents to $186.18 and the lowest selling rate rose 25 cents to $174.

Jamaican$ gains on Thursday

The volume of foreign exchange traded by dealers on Thursday, was much less than on Wednesday, but the Jamaican dollar was stable, against the US dollar and gained versus the British Pound and the Canadian dollar.
FX sum 16-10-14 rvAuthorized dealers purchased the equivalent of US$27,425,390 versus US$35,555,039, on Wednesday. The equivalent of US$26,636,124was sold, compared with US$31,228,226 on Wednesday.
In US dollar trading, dealers bought US$24,447,336 compared to US$29,154,363 on Wednesday. The buying rate for the US dollar slipped 1 cent to $112.15 and US$23,969,529 was sold versus US$27,180,996 on Wednesday, the selling rate remained at $112.62. The Canadian dollar buying rate, fell 6 cents to $98.39 with dealers buying C$1,819,686 and selling C$1,759,068, at an average selling rate that dropped 18 cents, to $99.49. The rate for buying the British Pound dropped $1.66 to $177.04, for the purchase of £768,058, while £582,736 was sold, at $179.73, down 20 cents. Other currencies bought, amounted to the equivalent of US$169,221, while selling was for the equivalent of US$182,648.
FX HL16-10-14Highs & Lows| The highest buying rate for the US dollar, closed down $1.15, at $112.80, the lowest buying, the highest and the lowest selling rates, were unchanged at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar climbed 72 cents to $101, the lowest buying rate declined 33 cents to $79.18 and highest selling rate fell $1.49 to $102.51. The lowest selling rate closed up 30 cents to $95.40. The highest buying rate for the British Pound, rose 22 cents to $180.55, the lowest buying rate is down $2.32 to $144.21, the highest selling rate jumped $2.69 to $185.91 and the lowest selling rate rose 75 cents to $173.75.

Jamaican$ fairly stable on Wednesday

The volume of foreign exchange purchased by dealers on Wednesday, was just US$1.4 million less than on Tuesday, but selling was well down. The Jamaican dollar loss value slightly, against the US dollar and the British Pound, but gained against the Canadian dollar, in Wednesday’s forex trading.
FX sum 15-10-14Authorized dealers purchased the equivalent of US$35,555,039 versus US$36,918,551, on Tuesday. The equivalent of US$31,228,226 was sold, compared with US$42,227,009 on Tuesday.
In US dollar trading, dealers bought US$29,154,363 compared to US$34,350,001 on Tuesday. The buying rate for the US dollar slipped 8 cents to $112.16 and US$27,180,996 was sold versus US$35,584,175 on Tuesday, the selling rate rose 3 cents to $112.62. The Canadian dollar buying rate, rose 41 cents to $98.46 with dealers buying C$1,729,970 and selling C$1,095,703, at an average selling rate that dropped $1.72, to $99.67. The rate for buying the British Pound climbed $1.54 to $178.70, for the purchase of £2,202,473, while £1,074,042 was sold, at $179.93, up 6 cents. Other currencies bought, amounted to the equivalent of US$1,372,867, while selling was for the equivalent of US$1,361,555.
FX HL -15-10-14Highs & Lows| The highest buying rate for the US dollar, closed $1.21 higher, at $113.95, the lowest buying, the highest and the lowest selling rates, were unchanged at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar fell 2 cents to $100.28, the lowest buying rate declined 25 cents to $79.51 and highest selling rate rose $1.17 to $104. The lowest selling rate fell $1 to $95.10. The highest buying rate for the British Pound, fell 67 cents to $180.33, the lowest buying, was up $1.94 to $146.53, the highest selling rate fell $3.17 to $183.22 and the lowest selling rate dropped $1.20 to $173.

Forex flows improved on Tuesday

The volume of foreign exchange trading in market on Tuesday climbed above the levels on Monday, with total inflows of foreign currency falling short of the amount sold. The Jamaican dollar gained slightly against the US dollar and the British Pound, but slipped against the Canadian dollar, in Tuesday’s forex trading.
FX sum 14-10-14Authorized dealers purchased the equivalent of US$36,918,551 versus US$28,048,552 on Monday. The equivalent of US$42,227,009 was sold, compared with US$27,425,753 on Monday.
In US dollar trading, dealers bought US$34,350,001 compared to US$21,894,747 on Monday. The buying rate for the US dollar was up 24 cents to $112.24 and US$35,584,175 was sold versus US$24,610,116 on Monday, the selling rate fell 6 cents at $112.59. The Canadian dollar buying rate, rose 34 cents to $98.05 with dealers buying C$955,435 and selling C$5,456,274, at an average selling rate that climbed 59 cents, to $101.39. The rate for buying the British Pound is declined $2.12 to $177.16, for the purchase of £1,016,454, while £861,905 was sold, at $179.87, down 67 cents. Other currencies bought, amounted to the equivalent of US$129,403, while selling was for the equivalent of US$352,422.
FX hl 14-10-14Highs & Lows| The highest buying rate for the US dollar, closed 26 cents lower, at $112.74, the lowest buying, the highest and the lowest selling rates, were unchanged at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar rose 10 cents to $100.30, the lowest buying and lowest selling rates remained unchanged at $79.76 and $96.10 respectively. The highest selling rate fell 64 cents to $102.83. The highest buying rate for the British Pound, rose 30 cents to $181, the lowest buying, the highest selling and the lowest selling rates were unchanged at $144.59, $186.39 and $174.20 respectively.

Quiet FX trading starts the week

The foreign exchange market started the week quietly with total inflows of foreign currency just exceeding the amount sold. Although the amount of US dollars sold exceeded the amount bought by dealers.
FX sum 13-10-14The Jamaican dollar gained slightly against the US dollar and the British Pound but slipped against the Canadian dollar, in Monday’s forex trading. Authorized dealers purchased the equivalent of US$28,048,552 versus US$49,065,272 on Friday. The equivalent of US$27,425,753 was sold, compared with US$60,366,852 on Friday.
In US dollar trading, dealers bought US$21,894,747 compared to US$43,058,325 on Friday. The buying rate for the US dollar was down 29 cents to $112 and US$24,610,116 was sold versus US$56,237,305 on Friday, the selling rate remained at $112.65. The Canadian dollar buying rate, declined $1.79 to $97.71 with dealers buying C$1,149,363 and selling C$665,092, at an average selling rate that climbed 32 cents, to $100.81. The rate for buying the British Pound is up 6 cents to $179.28, for the purchase of £3,095,809, while £1,322,505 was sold, at $180.55, down 15 cents. Other currencies bought, amounted to the equivalent of US$195,275, while selling was for the equivalent of US$100,790.
FX HL 13-10-14Highs & Lows| The highest buying rate for the US dollar, closed 25 cents higher, at $113, the lowest buying, the highest selling and the lowest selling rates, were unchanged at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar fell 80 cents to $100.20, the lowest buying rate lost 50 cents to $79.76, the highest selling rate fell 7 cents to $103.47. The lowest selling rate closed down 10 cents to $96.10. The highest buying rate for the British Pound, dropped $1.30 to $180.70, the lowest buying rate fell 37 cents to $144.59. The highest selling rate, rose 74 cents to $186.39 and the lowest selling rate declined $1.60 to $174.20.

BNS & NCB in grand US$ sell off on Friday

Scotia hq 25 9-14 Authorized Dealers sold much more foreign currency that they bought on Friday. Bank of Nova Scotia (BNS) and National Commercial Bank (NCB) were big net sellers of the US dollar, the second consecutive day of a big net sell off by dealers. BNS was the largest net seller, with US$4.58 million bought to US$15.26 million sold, followed by NCB buying US$4.13 million and selling US$12.6 million. On Thursday BNS bought US$7.33 million and sold US$14.23 million while National Commercial Bank, was buying US$2.67 million and selling US$5.54 million.
The Jamaican dollar slipped slightly against the US dollar, but appreciated against the Pound and the Canadian dollar, in Friday’s forex trading. Authorized dealers purchased the equivalent of US$49,065,272 versus US$27,673,332 on Thursday. The equivalent of US$60,366,852 was sold, compared with US$42,183,198 on Thursday.
FX sum 10-10-14In US dollar trading, dealers bought US$43,058,325 compared to US$25,657,012 on Thursday. The buying rate for the US dollar was up 6 cents to $112.29 and US$56,237,305 was sold versus US$40,190,794 on Thursday, the selling rate rose 3 cents to $112.65. The Canadian dollar buying rate, climbed 53 cents to $99.51 with dealers buying C$2,347,380 and selling C$2,099,384 at an average selling rate that declined 63 cents, to $100.49. The rate for buying the British Pound is up by 82 cents to $179.22, for the purchase of £1,814,232, while £918,229 was sold, at $180.70, down 73 cents. Other currencies bought, amounted to the equivalent of US$1,031,148, while selling was for the equivalent of US$783,955.
FXHL 10-10-14Highs & Lows| The highest buying rate for the US dollar, closed 10 cents lower, at $112.75, the lowest buying and the highest selling rates, were unchanged at $91.85 and $117.70 respectively, the lowest selling rate dropped $2.18 to $91.85. The highest buying rate for the Canadian dollar remained at $101, the lowest buying rate rose 83 cents to $80.26, the highest selling rate fell 46 cents to $103.54. The lowest selling rate closed down 10 cents to $96.20. The highest buying rate for the British Pound, increased by 55 cents to $182, the lowest buying rate was unchanged at $144.96. The highest selling rate, dropped $1.23 to $185.65 and the lowest selling rate rose $1.15 to $175.80.

Most banks offload US dollars on Thursday

Scotiabanklogobuilding280x150 Seven of the ten Authorized Dealers were net sellers of US dollars on Thursday. Bank of Nova Scotia was the largest net seller, with US$7.33 million bought, to US$14.23 million sold, followed by National Commercial Bank, buying US$2.67 million and selling US$5.54 million.
The Jamaican dollar was steady against the US dollar, but declined against the Pound and the Canadian dollar, in Thursday’s forex trading. Selling of foreign currency to the public, was more than dealers purchased. Authorized dealers purchased the equivalent of US$27,673,332 versus US$33,495,564 on Wednesday. The equivalent of US$42,183,198 was sold, compared with US$34,385,274 on Wednesday. FX sum 9-10-14
In US dollar trading, dealers bought US$25,657,012 compared to US$27,894,689 on Wednesday. The buying rate for the US dollar was up 4 cents to $112.23 and US$40,190,794 was sold versus US$30,711,153 on Wednesday, the selling rate remained at $112.62. The Canadian dollar buying rate, declined 58 cents to $98.98 with dealers buying C$920,445 and selling C$556,969 at an average selling rate that climbed 70 cents, to $101.12. The rate for buying the British Pound fell 95 cents to $178.40, for the purchase of £678,302, while £638,797 was sold, at $181.43, up by 72 cents. Other currencies bought, amounted to the equivalent of US$126,298, while selling was for the equivalent of US$463,163.
Highs & Lows| The highest buying rate for the US dollar, closed 10 cents higher, at $112.85, the lowest buying and the highest selling rates, were unchanged at $91.85 and $117.70 respectively, the lowest selling rate dropped $16.47 to $94.03. FX HL 9-10-14The highest buying rate for the Canadian dollar climbed 50 cents to $101, the lowest buying rate was unchanged at $79.43, the highest selling rate rose $1.28 to $104. The lowest selling rate closed down 70 cents to $96.30. The highest buying rate for the British Pound, increased by 70 cents to $181.45, the lowest buying rate was up 95 cents, to $144.96. The highest selling rate, jumped $2.01 to $186.88 and the lowest selling rate declined $1.15 to $174.65.

Buying & selling match up

The Jamaican dollar lost a cent against the US dollar and 47 cents versus the Pound, in Wednesday’s forex trading, as selling of foreign currency to the public, was slightly more than dealers purchased. Authorized dealers purchased the equivalent of US$33,495,564 versus US$36,902,410 on Tuesday. The equivalent of US$34,385,274 was sold compared with US$48,450,336 on Tuesday.
FX sum 8-10-14In US dollar trading, dealers bought US$27,894,689 compared to US$29,102,213 on Tuesday. The buying rate for the US dollar fell 6 cents to $112.19 and US$30,711,153 was sold versus US$42,208,347 on Tuesday, the selling rate inched up 1 cent to $112.62. The Canadian dollar buying rate, declined 57 cents to $99.56 with dealers buying C$2,261,250 and selling C$1,760,293 at an average selling rate that eased 1 cent, to $100.42. The rate for buying the British Pound is up 70 cents to $179.35, for the purchase of £1,560,398, while £871,242 was sold, at $180.71, climbing 47 cents. Other currencies bought, amounted to the equivalent of US$1,099,775, while selling was for the equivalent of US$706,539.
FX HL 8-10-14Highs & Lows| The highest buying rate for the US dollar, closed 5 cents down, at $112.75, the lowest buying and the highest selling rates, were unchanged at $91.85 and $117.70 respectively, the lowest selling rate climbed $18.65 to $110.50. The highest buying rate for the Canadian dollar fell 25 cents to $100.50, the lowest buying rate rose 16 cents to $79.43, the highest selling rate declined 28 cents to $102.72. The lowest selling rate closed up $1.50, to $97. The highest buying rate for the British Pound, dropped 25 cents to $180.75, the lowest buying rate was up 9 cents, to $144.01. The highest selling rate declined 67 cents to $184.87 and the lowest selling rate, jumped $2.40 to $175.80.