Jamaican$ slips on Tuesday

US$ bungleTrading in the foreign exchange market on Tuesday resulted in the Jamaican dollar declining against the three majors, the Jamaican dollar trade against, compared to the closing rates on Monday. The market closed with dealers buying the equivalent of US$37,190,702 and selling US$42,292,086, in contrast to US$47,848,516 purchased and US$41,089,504 sold on Monday.
In US dollar trading, dealers bought US$31,194,045 compared to US$42,244,916 on Monday, as the buying rate for the US dollar fell 1 cent to close at $121.95. FX trde sum 26-04-16A total of US$35,486,211 was sold versus US$34,358,438 on Monday, the selling rate rose 21 cents to $122.89. The Canadian dollar buying rate rose 71 cents to end at $96.68 with dealers buying C$2,340,556 and selling C$5,564,128, at an average rate that rose $1.30 to $99.95. The rate for buying the British Pound climbed $2.29 to $176.32 for the purchase of £2,753,016, while £1,523,771 was sold, as the rate rose $2.82 to $179.61.
At the end of trading, the selling rate for Euro, rose 36 cents to close at J$138.25, from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.37 for a rise of 32 cents from Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$160,813 being bought, while US$53,478 was sold.
FX HL 26-04-16Highs & Lows| Notable changes to the highest and lowest traded rates for the currencies on Tuesday are, a fall of $1.81 in the lowest selling rate of the US dollar to end at $100.03, a rise of $1 in the lowest selling rate of the Canadian dollar to $91, a rise of $3.20 in the highest buying rate for the British Pound to $181.50 and a rise of $1.24, in the highest selling rate to $184.30 and a rise of $4 in the lowest selling rate to $170.

Jamaican$ holding firm – Monday

1000frontTrading in the foreign exchange market on Monday resulted in the Jamaican dollar declining slightly against the US dollar but holding firm versus Canadian dollar while slipping, compared to the closing rate on Friday, for the Pound. The market closed with dealers buying the equivalent of US$47,848,516 and selling US$41,089,504, in contrast to US$33,234,559 purchased and US$36,327,045 sold on Friday.
In US dollars trading, dealers bought US$42,244,916 compared to US$30,697,232 on Friday, as the buying rate for the US dollar fell 2 cents to close at $121.96. A total of US$34,358,438 was sold versus US$33,977,802 on Friday, the selling rate rose 1 cent to $122.68.FX trde sum 25-04-16 The Canadian dollar buying rate jumped $3.04 to end at $95.97 with dealers buying C$2,945,603 and selling C$5,217,053, at an average rate that rose $1 to $98.65. The rate for buying the British Pound climbed $1.78 to $174.03 for the purchase of £2,205,859, while £1,504,411 was sold, as the rate rose $1.76 to $176.79.
At the end of trading, the selling rate for Euro, fell 56 cents to close at J$137.89, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.05 for a fall of 60 cents from Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$137,980 being bought, while US$368,121 was sold.
FX HL 25-04-16Highs & Lows| Notable changes to the highest and lowest traded rates for the currencies on Monday are, a jump of $1.97 in the lowest selling rate of the US dollar to end at $101.84, a rise of $2 in the lowest selling rate of the Canadian dollar to $90, a rise of $1.10 in the highest buying rate for the British Pound to $178.30 and a fall of $2.50, in the lowest selling rate to $166.

Jamaican$ ended mixed – Friday

PoundTrading in the foreign exchange market on Friday resulted in the Jamaican dollar declining slightly against the US dollar holding firm versus Canadian and slipping compared to the closing rate on Thursday for the pound. The market closed with dealers buying the equivalent of US$33,234,559 and selling US$36,327,045, in contrast to US$32,674,699 purchased and US$31,565,070 sold on Thursday.
In US dollars trading, dealers bought US$30,697,232 compared to US$29,806,276 on Thursday, as the buying rate for the US dollar remained unchanged at $121.98.FX trde sum 22-04-16 A total of US$33,977,802 was sold versus US$26,974,270 on Thursday, the selling rate rose 3 cents to $122.67. The Canadian dollar buying rate dropped $2 to end at $92.93 with dealers buying C$816,887 and selling C$1,804,263, at an average rate that remained at $97.65. The rate for buying the British Pound fell 2 cents to $172.25 for the purchase of £1,153,927, while only £484,850 was sold, as the rate rose $2 to $175.03.
At the end of trading, the selling rate for Euro, fell 43 cents to close at J$138.45, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.65 for a fall of 40 cents from Thursday’s rate.
FX HL 22-04-16 The US dollar equivalent of other currencies traded, amounts to US$285,474 being bought, while US$221,219 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates for the currencies on Friday are, a jump of $15.73 in the lowest buying rate of the US dollar to end at $99.99 and a fall of $18.13 in the lowest selling rate to $99.87, a rise of $1 in the highest buying rate for the British Pound to $177.20 and an increase of $2.50 in the lowest selling rate to $168.50.

Jamaican$ continues sliding- Thursday

1000frontTrading in the foreign exchange market on Thursday resulted in the Jamaican dollar declining in value for the fourth time this week. The market closed with dealers buying the equivalent of US$32,674,699 and selling US$31,565,070, in contrast to US$33,990,180 purchased and US$38,856,139 sold on Wednesday.
In US dollars trading, dealers bought US$29,806,276 compared to US$30,872,138 on Wednesday, as the buying rate for the US dollar added 11 cents to end at $121.98. A total of US$26,974,270 was sold versus US$36,566,568 on Wednesday, the selling rate rose 9 cents to $122.64. FX trde sum 21-04-16The Canadian dollar buying rate rose 25 cents to end at $94.93 with dealers buying C$1,587,124 and selling C$5,087,645, at an average rate that was up 74 cents to $97.65. The rate for buying the British Pound rose 4 cents to $172.27 for the purchase of £1,109,310, while only £337,379 was sold, as the rate fell $1.84 to $173.03. At the end of trading, the selling rate for Euro, fell 42 cents to close at J$138.89, from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$136.05 for a fall of 13 cents on Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$66,687 being bought, while US$63,768 was sold.
FX HL 21-04-16Highs & Lows| Notable changes to the highest and lowest traded rates for the currencies on Thursday are, a fall of $15.61 in the lowest selling rate of the US dollar to $84.26, a rise of $1 in the lowest selling rate of the Canadian dollar to $88, a decline of $1.30 in the highest buying rate for the British Pound to $176.20 and an increase of $1 in the lowest selling rate to $166.

More losses for Jamaican$ – Wednesday

FX_USPoundTrading in the foreign exchange market resulted in the Jamaican dollar losing some more value on Wednesday for the third time this week. The market closed with dealers buying the equivalent of US$33,990,180 and selling US$38,856,139, in contrast to US$29,032,584 purchased and US$51,852,594 sold on Tuesday.
In US dollars trading, dealers bought US$30,872,138 compared to US$25,427,548 on Tuesday, as the buying rate for the US dollar added 33 cents to end at $121.87. A total of US$36,566,568 was sold versus US$47,856,185 on Tuesday, the selling rate rose 9 cents to $122.55. FX trde sum 20-04-16The Canadian dollar buying rate rose 20 cents to end at $94.68 with dealers buying C$1,476,932 and selling C$1,354,910, at an average rate that fell 59 cents to $96.91. The rate for buying the British Pound rose by 68 cents to $172.23 for the purchase of £1,299,462, while £637,723 was sold, as the rate rose $2.08 to $174.87. At the end of trading, the selling rate for Euro, rose 72 cents to close at J$139.31, from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$136.19 for a rise of 40 cents on Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$134,236 being bought, while US$308,070 was sold.
FX HL 20-04-16Highs & Lows| Notable changes to the highest and lowest traded rates for the currencies on Wednesday are, a jump of $16.57 in the lowest selling rate of the US dollar to $118.80, a rise of $1 in the highest buying rate for the British Pound to $177.50, an increase of $1.03 in the lowest buying rate to $140.06, a rise in the in the highest selling rate by $1.35 to $182.25, while the lowest selling rate fell $1 to $165.

Jamaican$ falls again – Tuesday

GhanaMoney280x150Trading in the foreign exchange market resulted in the Jamaican dollar losing some more value on Tuesday against all the majors it trades with. The market closed with dealers buying the equivalent of US$29,032,584 and selling US$51,852,594, in contrast to US$53,873,364 purchased and US$48,342,459 sold on Monday.
In US dollars trading, dealers bought US$25,427,548 compared to US$49,748,240 on Monday, as the buying rate for the US dollar fell 15 cents to end at $121.54. A total of US$47,856,185 was sold versus US$46,610,741 on Monday, the selling rate rose 13 cents to $122.46.FX trde sum 19-04-16 The Canadian dollar buying rate rose $1.92 to end at $94.48 with dealers buying C$1,390,937 and selling C$3,959,309, at an average rate that climbed $2.72 to $97.50. The rate for buying the British Pound rose by $2.04 to $171.55 for the purchase of £1,651,855, while £264,931 was sold, as the rate rose $1.49 to $172.79. At the end of trading, the selling rate for Euro, rose 42 cents to close at J$138.59, from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.79 for a rise of 37 cents on Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$192,442 being bought, while US$470,505 was sold.
FX HL 19-04-16Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Tuesday are, a rise of $2.45 in the lowest selling rate of the US dollar to $102.23, a fall of $1.10 in the highest buying rate for the Canadian dollar to $97.18, a rise in the highest selling rate by $1.86 to $99.92, while the highest selling rate for the British Pound rose by 86 cents to $180.90.

Jamaican$ falls again – Monday

US$ 100Trading in the foreign exchange market resulted in the Jamaican dollar losing some more value on Monday compared to the rate of the US dollar and the Pound sterling. The market closed with dealers buying the equivalent of US$53,873,364 and selling US$48,342,459, in contrast to US$38,302,803 purchased and US$39,620,292 sold on Friday.
In US dollars trading, dealers bought US$49,748,240 compared to US$34,701,116 on Friday, as the buying rate for the US dollar held at $121.69. A total of US$46,610,741 was sold versus US$36,856,764 on Friday, the selling rate rose 3 cents to $122.33. FX trde sum 18-04-16The Canadian dollar buying rate dropped $1.84 to end at $92.56 with dealers buying C$1,886,018 and selling C$1,220,485, at an average rate that fell 72 cents to $94.78. The rate for buying the British Pound rose by 37 cents to $169.51 for the purchase of £1,801,116, while £409,745 was sold, as the rate rose 77 cents to $171.30. At the end of trading, the selling rate for Euro, rose 49 cents to close at J$138.17, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.42 for a rise of 38 cents on Friday’s rate. The US dollar equivalent of other currencies traded, amounts to US$181,743 being bought, while US$212,381 was sold.
FX HL 18-04-16Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Monday are, a fall of $18.22 in the lowest selling rate of the US dollar to $99.78, a rise of $2.43 in the highest buying rate for the Canadian dollar to $98.28, a rise in the lowest buying rate by $2.36 to $75.36, while the highest buying rate for the British Pound dropped by $1.06 to $176.

Jamaican$ falls again – Friday

Fx MktTrading in the foreign exchange market resulted in the Jamaican dollar losing value on Friday compared to the rate of the three main currencies it trades against. The market closed with dealers buying the equivalent of US$38,302,803 and selling US$39,620,292, in contrast to US$39,840,995 purchased and US$40,874,638 sold on Thursday.
In US dollars trading, dealers bought US$34,701,116 compared to US$36,706,474 on Thursday, as the buying rate for the US dollar fell 3 cents to close at $121.69. A total of US$36,856,764 was sold versus US$38,957,868 on Thursday, the selling rate rose 6 cents to $122.30. FX trde sum 15-04-16rThe Canadian dollar buying rate rose 33 cents to end at $94.40 with dealers buying C$2,957,976 and selling C$2,739,325, at an average rate that rose 43 cents to $95.50. The rate for buying the British Pound rose by 25 cents to $169.14 for the purchase of £864,594, while £263,164 was sold, as the rate rose 8 cents to $170.54. At the end of trading, the selling rate for Euro, fell 14 cents to close at J$137.68, from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.04 for a fall of 4 cents on Thursday’s rate. The US dollar equivalent of other currencies FX HL 15-04-16 traded, amounts to US$105,393 being bought, while US$257,435 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Friday are, a fall of $1.80 in the lowest selling rate for the Canadian dollar to $87.20, while the highest buying rate for the British Pound jumped by $4.86 to $177.06 and the lowest selling rate rose $1 to $166.

More Jamaican$ losses on Thursday

100billTrading in the foreign exchange market resulted in the Jamaican dollar mostly losing value on Thursday except for the Pound. The market closed with dealers buying the equivalent of US$39,840,995 and selling US$40,874,638, in contrast to US$34,586,838 purchased and US$34,218,881 sold on Wednesday.
In US dollars trading, dealers bought US$36,706,474 compared to US$31,495,963 on Wednesday, as the buying rate for the US dollar added 18 cents to close at $121.72. A total of US$38,957,868 was sold versus US$33,131,671 on Wednesday, the selling rate gained 9 cents to $122.24. FX trde sum 14-04-16The Canadian dollar buying rate rose $2.33 to end at $94.07 with dealers buying C$2,396,649 and selling C$1,831,351, at an average rate that rose 57 cents to $95.07. The rate for buying the British Pound declined $1.05 to $168.89 for the purchase of £872,301, while £320,878 was sold, as the rate slipped $1.43 to $170.46. At the end of trading, the selling rate for Euro, fell $1 to close at J$137.82, from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.08 for a fall of 88 cents on Wednesday’s rate. FX HL 14-04-16 The US dollar equivalent of other currencies traded, amounts to US$71,972 being bought, while US$45,047 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Thursday are, a fall of $1.70 in the lowest buying rate for the Canadian dollar to $73, rise of $1.49 in the highest selling rate to $99.04 and rise of $2 in the lowest selling rate to end at $89, while the highest buying rate for the British Pound fell $1.55 to $172.20.

More Jamaican$ losses on Wednesday

FX_USPoundTrading in the foreign exchange market resulted in the Jamaican dollar mostly losing value on Wednesday. The market closed with dealers buying the equivalent of US$34,586,838 and selling US$34,218,881, in contrast to US$35,396,058 purchased and US$38,476,966 sold on Tuesday.
In US dollars trading, dealers bought US$31,495,963 compared to US$31,090,615 on Tuesday, as the buying rate for the US dollar added 20 cents to close at $121.54. A total of US$33,131,671 was sold versus US$35,644,274 on Tuesday, the selling rate gained 11 cents to $122.15. FX trde sum 13-04-16The Canadian dollar buying rate fell 81 cents to end at $91.74 with dealers buying C$899,468 and selling C$554,164, at an average rate that rose 11 cents to $94.50. The rate for buying the British Pound declined $1.55 to $169.94 for the purchase of £1,624,060, while £338,521 was sold, as the rate slipped 51 cents to $171.89. At the end of trading, the selling rate for Euro, fell 81 cents to close at J$138.82, from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.96 for a fall of 79 cents FX HL 13-04-16on Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$141,104 being bought, while US$182,081 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Wednesday are, a fall of $2.30 in the lowest selling rate of the Canadian dollar to $87 and a fall in the lowest selling rate for the British Pound of $1.20 to $165.