In Tuesday’s forex trading, the selling rate for the Jamaican dollar was fairly stable against the US dollar and the Pound Sterling but made modest gains versus the Canadian dollar. Dealers sold over US$12 million more than they bought.
Authorized dealers bought the equivalent of US$31,547,793 versus US$53,329,347 on Monday, and sold the equivalent of US$43,845,589 compared to US$50,685,771 on Monday.
In US dollar trading, dealers bought US$26,975,990 compared to US$47,852,405 on Monday. The buying rate for the US dollar rose 6 cents to $112.25 and US$39,677,380 was sold versus US$48,469,980 on Monday, the selling rate was up a cent to $112.83.
The Canadian dollar buying rate rose 38 cents to $101.81 with dealers buying C$2,523,040 and selling C$2,993,930 the selling rate declined by 13 cents to $102.99.
The Pound closed at $186.60, for the purchase of £1,198,793 as the rate rose 13 cents while £622,846 was sold, as the rate remained at $188.96. Other currencies bought, amounted to the equivalent of US$290,493 while selling was the equivalent of US$392,170.
Highs & Lows| The highest rate for buying the US dollar, fell 15 cents to $113.10, the lowest buying, the highest and the lowest selling rates remained unchanged, at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar declined by 70 cents to $103.30 and the lowest buying rate remained at $81.34. The highest selling rate rose 18 cents to $105.68 and the lowest selling rate was unchanged at $98. The highest buying rate for the British Pound declined 30 cents to $189.50, the lowest buying rate recovered $39.78 to $151.48, the highest selling rate fell $1.06, to $195.28 and lowest selling rate jumped back by $22.85 at $182.50.
Jamaican $ gains vs Can $ stable with US & Pound
Jamaican $ gains vs Pound stable with US
In Monday’s forex trading, the selling rate for the Jamaican dollar made gains against the British Pound but was stable against the US dollar as dealers bought nearly US$3 million more than they sold. On Friday, dealers bought $9 million more than they sold. 
Authorized dealers bought the equivalent of US$53,329,347 versus US$41,719,974 on Friday, and sold the equivalent of US$50,685,771 compared to US$32,548,314 on Friday.
In US dollar trading, dealers bought US$47,852,405 compared to US$35,874,558 on Friday. The buying rate for the US dollar lost 14 cents to $112.19 and US$48,469,980 was sold versus US$28,416,014 on Friday, the selling rate was unchanged at $112.82.
The Canadian dollar buying rate fell 54 cents to $101.43 with dealers buying C$2,118,078 and selling C$1,018,014, the selling rate rose 17 cents to $103.12.
The Pound closed at $186.47, for the purchase of £1,986,266 as the rate slipped 85 cents while £492,793 was sold, as the rate declined 81 cents, to $188.96. Other currencies bought, amounted to the equivalent of US$260,568 while selling was the equivalent of US$459,939.
Highs & Lows| The highest rate for buying the US dollar, rose 5 cents to $113.25, the lowest buying, the highest and the lowest selling rates remained unchanged, at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar was up 65 cents to $104 and the lowest buying rate fell 25 cents to $81.34. The highest selling rate fell by $7.50 to $105.50 and the lowest selling rate was down 30 cents at $98. The highest buying rate for the British Pound declined 50 cents to $189.80, the lowest buying rate dropped $40.61 t0 $111.70, the highest selling rate rose $2.95 to $196.34 and lowest selling rate dived by $23.85 at $159.65.
Jamaican dollar makes gains
In Friday’s forex trading, the selling rate for the Jamaican dollar made modest gains against all three major intervention currencies as dealers bought US$9 million more than they sold, thus reversing the net of US$6 million more sold, than purchased on Thursday.
Authorized dealers bought the equivalent of US$41,719,974 versus US$32,486,790 on Thursday, and sold the equivalent of US$32,548,314 compared to US$38,351,319 on Thursday.
In US dollar trading, dealers bought US$35,874,558 compared to US$26,851,403 on Thursday. The buying rate for the US dollar gained 26 cents to $112.33 and US$28,416,014 was sold versus US$35,366,233 on Thursday, the selling rate eased back 1 cent to $112.82.
The Canadian dollar buying rate was up $1.05, to $101.98 with dealers buying C$3,015,843 and selling C$2,205,950, the selling rate fell 35 cents to $102.95.
The Pound closed at $187.32, for the purchase of £1,396,008 as the rate slipped 99 cents while £597,214 was sold, as the rate declined 7 cents, to $189.77. Other currencies bought, amounted to the equivalent of US$779,695 while selling was the equivalent of US$1,114,637.
Highs & Lows| The highest rate for buying the US dollar, rose 10 cents to $113.20, the lowest buying and the highest selling rates remained unchanged, at $91.85 and $117.70 respectively. The lowest selling rate closed $18.15 lower at $91.85. The highest buying rate for the Canadian dollar fell 47 cents to $103.35 and the lowest buying rate remained unchanged at $81.59. The highest selling rate jumped by $7.50 to $113 and the lowest selling rate was unchanged at $98.30. The highest buying rate for the British Pound declined 70 cents to $190.30, the lowest buying rate was unchanged at $152.31, the highest selling rate fell $2.95 to $193.39 and lowest selling rate remained at $183.50.
More Forex sold than bought
In Thursday’s forex trading, dealers sold US$6 million more than they bought on a day when the Jamaican dollar was fairly stable against Jamaica’s three major intervention currencies.
Authorized dealers bought the equivalent of US$32,486,790 on Thursday versus US$40,186,503 on Tuesday, and sold the equivalent of US$38,351,319 compared to US$40,462,437 on Tuesday. In US dollar trading, dealers bought US$26,851,403 compared to US$35,531,731 on Tuesday. The buying rate for the US dollar fell 13 cents to $112.08 and US$35,366,233 was sold versus US$37,371,084 on Tuesday, the selling rate gained 1 cent to $112.83. The Canadian dollar buying rate was up 10 cents, to $100.92 with dealers buying C$1,150,630 and selling C$734,920, the rate rose 4 cents to $103.30.
The Pound closed at $188.31, for the purchase of £2,211,754 as the rate rose 39 cents while £983,331 was sold, as the rate declined 36 cents, to $189.83. Other currencies bought, amounted to the equivalent of US$883,057 while selling was the equivalent of US$657,785.
Highs & Lows| The highest rate for buying the US dollar, fell 10 cents to $113.10, the lowest buying and the highest selling rates remained unchanged, at $91.85 and $117.70 respectively. The lowest selling rate closed $18.15 higher at $110. The highest buying rate for the Canadian dollar fell 18 cents to $103.82 and the lowest buying rate lost 17 cents to $81.59. The highest selling rate declined by 41 cents to $105.50 and the lowest selling rate was down 20 cents to $98.30. The highest buying rate for the British Pound climbed 55 cents to $191, the lowest buying rate was unchanged at $152.31, the highest selling rate rose 28 cents to $196.34 and lowest selling rate fell 70 cents to $183.50.
J$ loss value but with more buying than selling
In Thursday’s forex trading, funds bought by dealers, were US$6.5 million more than the amount they sold as dealers bought the equivalent of US$39,624,611 versus US$26,608,863 on Wednesday, and sold the equivalent of US$33,192,211 compared to US$28,847,941 on Wednesday.
In US dollar trading, dealers bought US$33,363,187 compared to US$22,632,506 on Wednesday. The buying rate for the US dollar rose 19 cents to $112.36 and US$29,758,889 was sold versus US$26,598,009 on Wednesday, as the rate increased by 6 cent to $112.85. The Canadian dollar buying rate rose $1.77, to $103.54 with dealers buying C$3,587,157 and selling C$2,547,374, the rate fell 58 cents to $103.86. The British Pound closed at $188.19, for the purchase of £1,423,837, as the rate dropped 99 cents while £568,086 was sold, as the rate increased 18 cents, to $191.11. Other currencies bought, amounted to the equivalent of US$571,212 while selling was the equivalent of US$126,760.
Highs & Lows| The highest rate for buying the US dollar, fell 5 cents rise to $113.25, the lowest buying, and the highest selling rates remained unchanged at $91.85 and $117.70 respectively, the lowest selling rose $1.45 to $93.30. The highest buying rate for the Canadian dollar declined 39 cents to $105.55 and the lowest buying rate lost 63 cents to $81.96. The highest selling was unchanged at $106.50 and the lowest selling rate was down 75 cents to $98.75. The highest buying rate for the British Pound remained at $191.50, the lowest buying rate declined by 42 cents to $152.47, the highest selling rate rose $1.96 to $196.56 and lowest selling rate declined $2.40 to $183.70.
J$ value improves against all 3
In Wednesday’s forex trading, funds bought by dealers, were US$2 million less than the amount they sold as dealers bought the equivalent of US$26,608,863 versus US$32,008,221 on Tuesday, and sold the equivalent of US$28,847,941 compared to US$34,764,399 on Tuesday.
In US dollar trading, dealers bought US$22,632,506 compared to US$27,561,242 on Tuesday. The buying rate for the US dollar rose 2 cents to $112.18 and US$26,598,009 was sold versus US$29,391,378 on Tuesday, as the rate declined by 4 cent to $112.79. The Canadian dollar buying rate fell 42 cents, to $101.77 with dealers buying C$1,036,102 and selling C$783,328, as the rate fell $1.01 to $104.45.
The Pound closed at $189.19, for the purchase of £1,676,798, as the rate dropped 1 cent while £507,735 was sold, as the rate shed 22 cents, to $190.92. Other currencies bought, amounted to the equivalent of US$208,442 while selling was the equivalent of US$665,056.
Highs & Lows| The highest rate for buying the US dollar, closed with a 10 cents rise to $113.30, the lowest buying, the highest selling and the lowest selling rates remained unchanged, for the fourth consecutive day, at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar climbed 44 cents to $105.94 and the lowest buying rate lost 4 cents to $82.59. The highest selling rate was down 2 cents to $106.50 and the lowest selling rate was down 5 cents to $99.50. The highest buying rate for the British Pound fell 50 cents to $191.50, the lowest buying rate declined by 41 cents to $152.89, the highest selling rate fell $3.03 to $194.60 and lowest selling rate was up $1.40 to $186.10.
Not much change to J$ value
In Tuesday’s forex trading, funds bought by dealers, were US$2.8 million less than the amount they sold as dealers bought the equivalent of US$32,008,221 versus US$45,308,423 on Monday, and sold the equivalent of US$34,764,399 compared to US$41,002,071 on Monday.
In US dollar trading, dealers bought US$27,561,242 compared to US$40,239,776 on Monday. The buying rate for the US dollar fell 13 cents to $112.16 and US$29,391,378 was sold versus US$38,791,195 on Monday, as the rate inched up by 1 cent to $112.83. The Canadian dollar buying rate fell 10 cents, to $102.19 with dealers buying C$1,082,634 and selling C$3,030,833, as the rate increased by 77 cents to $105.45. The Pound closed at $189.19, for the purchase of £1,624,669, as the rate dropped 27 cents while £1,007,267 was sold, as the rate shed 27 cents, to $191.14. Other currencies bought, amounted to the equivalent of US$719,920 while selling was the equivalent of US$833,936.
Highs & Lows| The highest rate for buying the US dollar, closed with a 5 cents fall to $113.20, the lowest buying, the highest selling and the lowest selling rates remained unchanged, for the third day running, at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar remained unchanged at $105.50 and the lowest buying rate lost 41 cents to $82.63. The highest selling rate was down 80 cents to $106.52 and the lowest selling rate was down 50 cents to $99.55. The highest buying rate for the British Pound was unchanged at $192, the lowest buying rate rose 16 cents to $153.30, the highest selling rate rose 21 cents to $197.63 and lowest selling rate was up 20 cents to $184.70.
J$ make gains against all 3 currencies
In Monday’s forex trading, funds bought by dealers, were US$4 million more than the amount they sold as dealers bought the equivalent of US$45,308,423 versus US$41,124,424 on Friday, and sold the equivalent of US$41,002,071 compared to US$37,641,679 on Friday.
In US dollar trading, dealers bought US$40,239,776 compared to US$37,161,136 on Friday. The buying rate for the US dollar fell 16 cents to $112.29 and US$38,791,195 was sold versus US$34,873,810 on Friday, as the rate declined 5 cents to $112.82. The Canadian dollar buying rate fell 33 cents, to $102.30 with dealers buying C$1,591,746 and selling C$960,718, as the rate dipped 21 cents to $104.68. The Pound closed at $189.46, for the purchase of £1,613,433, as the rate dropped 18 cents while £1,906,758 was sold, as the rate shed 67 cents, to $191.41. Other currencies bought, amounted to the equivalent of US$401,328 while selling was the equivalent of US$189,237.
Highs & Lows| The highest rate for buying the US dollar, closed with a 5 cents fall to $113.25, the lowest buying, the highest selling and the lowest selling rates remained unchanged at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar moved up 50 cents to $105.50 and the lowest buying rate lost 21 cents to $83.04. The highest selling rate was flat at $107.32 and the lowest selling rate was down 25 cents to $100.05. The highest buying rate for the British Pound was unchanged at $192, the lowest buying rate dropped 8 cents to $153.14, the highest selling rate rose $2.69 to $197.42 and lowest selling rate was unchanged at $184.50.
US$3.5M more bought than sold but J$ falls
In Friday’s forex trading, funds bought by dealers, were US$3.5 million more than the amount they sold as dealers bought the equivalent of US$41,124,424 versus US$29,237,131 on Thursday, and sold the equivalent of US$37,641,679 compared to US$34,773,160 on Thursday.
In US dollar trading, dealers bought US$37,161,136 compared to US$24,787,518 on Thursday as the buying rate for the US dollar, rose 13 cents to $112.45 and sold US$34,873,810 versus US$29,503,394 on Thursday, as the rate gained 4 cents to $112.87.
The Canadian dollar buying rate fell 85 cents, to $102.62 with dealers buying C$1,128,685 and selling C$673,047, as the rate dipped $1.27 to $106.16.
The Pound closed at $189.64, for the purchase of £1,613,433, as the rate dropped 27 cents while £1,132,114 was sold, as the rate climbed 59 cents, to $192.08. Other currencies bought, amounted to the equivalent of US$212,185 while selling was the equivalent of US$215,776.
Highs & Lows| The highest rate for buying the US dollar, closed with a rise of 20 cents at $113.30, the lowest buying, the highest selling and the lowest selling rates remained unchanged at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar fell 20 cents to $105 and the lowest buying rate gained 4 cents to $83.25. The highest selling rate inched up by 5 cents to $107.32 and the lowest selling rate was up 5 cents to $100.30. The highest buying rate for the British Pound was unchanged at $192, the lowest buying rate dropped 75 cents to $153.22, the highest selling rate fell $3.75 to $194.73 and lowest selling rate recovered $28.01 to $184.50.
Jamaican dollar slips versus US
In Wednesday’s forex trading, funds bought by dealers were more than US$4 million compared with the amount they sold, but trading levels were more than on Tuesday.
On Wednesday, dealers bought the equivalent of $34,161,145 versus US$25,710,419 on Tuesday and sold the equivalent of US$29,959,926 compared to US$24,985,551 on Tuesday.
In US dollar trading, dealers bought US$29,717,816 compared to US$23,198,261 on Tuesday as the buying rate for the US dollar, rose 14 cents to $112.21 and sold US$27,907,850 versus US$22,007,235 on Tuesday, as the rate gained 8 cents to $112.71.
The Canadian dollar buying rate rose 67 cents, to $103.59 with dealers buying C$1,175,625 and selling C$885,711 as the rate fell 19 cents, to $105.02.
The Pound closed at $190.45, for the purchase of £1,893,333 as the rate climbed $1.17, while only £617,633 was sold, with the rate dipped 47 cents, to $192.21. Other currencies bought, amounted to the equivalent of US$144,605 while selling was the equivalent of US$173,592.
Highs & Lows| The highest rate for buying the US dollar, closed with a gain of 10 cents at $113.20, the lowest buying rate and the highest selling rate remained unchanged at $91.85 and $117.70 respectively, whilst the lowest selling rate jumped $18.15 to $110.
The highest buying rate for the Canadian dollar increased by 15 cents, to $105.20 and the lowest buying rate was unchanged at $83.21. The highest selling rate declined by 18 cents to $107.03 and the lowest selling rate climbed $1.25 to $101.50. The highest buying rate for the British Pound, fell 50 cents to $192.80, the lowest buying rate jumped $7.42 to $161.30, the highest selling rate was up $2.82 to $198.48 and lowest selling rate was up 10 cents to $185.50.
