J$ just 11 cents away from $117 to US

The J$ is just 11 cents away from $117 to the US dollar on Thursday

The J$ is just 11 cents away from $117 to the US dollar on Thursday

The Jamaican dollar lost ground on Thursday against the US dollar as it edges just 11 cents away from J$117, but it gained on the Pound and the Canadian dollar. Dealers bought the equivalent of US$29,947,285 compared with US$30,175,916 on Wednesday, while they sold the equivalent of US$27,593,054 versus US$36,534,605 previously.
In US dollar trading, dealers bought US$27,666,499 compared to US$26,945,527 on Wednesday. The buying rate for the US dollar increased 11 cents to $116.22 and US$26,103,111 was sold versus US$33,784,230 on Wednesday, the selling rate rose 9 cents to $116.89. The Canadian dollar buying rate fell 36 cents to $92.31 with dealers buying C$870,248 and selling C$445,174, at an average rate that fell 28 cents to $94.42.FX sum 25-6-15 The rate for buying the British Pound gained 49 cents to $181.36 for the purchase of £955,239, while £755,546 was sold, at an average rate that declined 46 cents to $183.37. At the end of trading, it took J$130.63 to purchase the Euro, 12 cents more than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.92 for 4 cents more than Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$98,887, while the equivalent of US$374,801 was sold.
Highs & Lows| The highest buying rate for the US dollar rose 12 cents to $117.22, the lowest buying rate dropped $4.91 to $90.70. The highest and lowest selling rates remained at $122.52 and $95.61 respectively. FX HL 25-6-15The highest buying rate for the Canadian dollar moved up $1.40 to $96, the lowest buying rate remained at $74.95. The highest selling rate added 60 cents to $98 and the lowest selling rate dipped $1.50 to $90.30. The highest buying rate for the British Pound, rose 15 cents to $184.15, the lowest buying rate remained at $147.74, with the highest selling rate falling $3.54 to $186.92 and the lowest selling rate dipped $2 to $178.

J$ stable against US dollar

The local dollar was stable against the US on Monday but slipped against the Canadian dollar and was mixed versus the Pound sterling, as inflows were once more higher than outflows, with the equivalent of US$44,472,177 being bought, to US$36,939,559 sold. On Friday dealers bought the equivalent of US$34,329,485 to $37,187,229 sold.
In US dollar trading, dealers bought US$38,400,461 compared to US$32,014,992 on Friday as the buying rate for the US dollar fell 8 cents to $111.24 and sold US$33,754,880 versus US$31,747,005 on Friday with the rate closing unchanged at $111.86.
FX sum 23-6-14The Canadian dollar buying rate was unchanged at $102.48 with dealers buying C$2,501,983 and selling C$1,535,408 as the rate rose 53 cents to end at $104.05.
The Pound closed at $188.10, for the purchase of £1,918,159, the rate rose 19 cents, while £920,449 was sold, with the rate dipping 68 cents to $189.56. Other currencies bought, amounted to the equivalent of US$523,239 while selling accounted for the equivalent of just $196,611.
FX hl-23-6-14fHighs & Lows|The highest rate for buying the US dollar gained 15 cents to $112.35, the lowest buying rate remained unchanged at $90.81 and so is the case with the highest selling rate at $116.36 and the lowest at $90.80.The highest buying rate for the Canadian dollar increased by 45 cents to $104.45, the lowest buying rate moved up 41 cents to $82, the highest selling rate rose by 34 cents to $106 and lowest selling rate gained 50 cents to $98.80.
The highest buying rate for the Pound rose 30 cents to $190.60 while the lowest buying rate fell by 12 cents to $151.89. The highest selling rate increased by $1.81 to $195.81 and the lowest selling rate was down 15 cents to $183.

J$ loses against US & Canadian

The local dollar lost ground against the US and Canadian dollar and lost value versus the Pound sterling, in Friday’s forex trading as inflows were slightly more than outflows with the equivalent of $37,187,229 being bought, to $34,329,485 sold. On Thursday dealers bought the equivalent of US$23,475,190 to $22,721,583 sold. In US dollar trading,
FXtrade20-6-14f
dealers bought US$32,014,992 compared to US$19,582,408 on Thursday as the buying rate for the US dollar rose 23 cents to $111.32 and sold US$31,747,005 versus US$19,642,222 on Thursday with the rate closing up 10 cents at $111.86.
The Canadian dollar buying rate rose $1.37 to end at $102.47 with dealers buying C$2,142,994 and selling C$1,618,928 as the rate rose 25 cents to end at $103.52.
The Pound closed at $187.91, for the purchase of £1,824,361, the rate fell 70 cents, while £580,004 was sold, with the rate dipping 8 cents to $190.24. Other currencies bought, amounted to the equivalent of US$120,109 while selling accounted for the equivalent of just $97,794.
FXhl 20-6-14pic
High & Lows| The highest rate for buying the US dollar gained 15 cents to $112.20, the lowest buying rate remained unchanged at $90.81, the highest selling rate closed down by 6 cents at $116.36 but the lowest selling rate dipped back $17.29 to $90.81.
The highest buying rate for the Canadian dollar increased by 80 cents to $104, the lowest buying rate moved up 25 cents to $81.59, the highest selling rate was down by 6 cents to $105.66 and lowest selling rate gained 30 cents to $98.30.
The highest buying rate for the Pound dipped 30 cents to $190.30 while the lowest buying rate grew by 78 cents to $152.01. The highest selling rate lost 95 cents to $194 and the lowest selling rate was up $2.15 to $183.15.

J$ makes gain versus US

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The local dollar lost ground against the Pound sterling, was mixed against Canadian dollar but gained against the US dollar in Thursday’s forex trading as inflows were slightly more than outflows with the equivalent of $23,475,190 being bought, to $22,721,583 sold. On Wednesday dealers bought the equivalent of US$31,876,372 to $34,108,329 sold.
FX fnd 19-6-14 picIn US dollar trading, dealers bought US$19.58 million compared to US$24.57 million on Wednesday as the buying rate for the US dollar declined 3 cents to $111.09 and sold US$19,642,222 versus US$29,670,705 on Wednesday with the rate closing down 3 cents to $111.76.
The Canadian dollar buying rate fell 73 cents to end at $101.10 with dealers buying C$748,328 and selling C$755,327 as the rate rose 77 cents to end at $103.27.
The Pound closed at $188.61, for the purchase of £1,815,425, the rate is up $2.15, while £1,089,821 was sold, with the rate rising $1.79 to $190.32. Other currencies bought, amounted to the equivalent of US$129,641 while selling accounted for the equivalent of just $525,516.
FX HL 19-6-14Highs & Lows| The highest rate for buying the US dollar gained 15 cents to $112.05, the lowest buying rate remained unchanged at $90.81 as well as the highest selling rate at $116.42 but the lowest selling rate was up $17.29 to $108.10.
The highest buying rate for the Canadian dollar increased by 30 cents to $103.20, the lowest buying rate moved down 12 cents to $81.34, the highest selling rate was unchanged at $105.72 and lowest selling rate fell 15 cents to $98.
The highest buying rate for the Pound climbed $1.10 to $190.60 while the lowest buying rate inched down 8 cents to $151.23. The highest selling rate gained $2.44 to $194.95 and the lowest selling rate fell $1.30 to $181.

More funds sold than Inflows as – J$ slips

The local dollar lost ground against the US and Canadian dollars on Wednesday as inflows were less than outflows for the second day in a row with the equivalent of $31,876,372 being bought to $34,108,329 sold. On Tuesday dealers bought the equivalent of US$26,494,130 to $36,419,004 sold.
FX fnds -18-6-14
In US dollar trading, dealers bought US$24.57 million compared to US$22.1 million on Tuesday as the buying rate for the US dollar was up 3 cents to $111.13 and sold US$29,670,705 versus US$31,688,770 on Tuesday with the rate closing up 17 cents to $111.79.
The Canadian dollar buying rate rose 39 cents to end at $101.83 with dealers buying C$2,582,416 and selling C$2,670,666 with the rate rose 7 cents to end at $102.50.
The Pound closed at $186.46, for the purchase of £1,547,416, the rate lost 46 cents, while only £300,664 was sold, with the rate falling 20 cents to $188.53. Other currencies bought, amounted to the equivalent of US$2,340,485 while selling accounted for the equivalent of just $1,481,964.
FX HL 18-6-14Highs & Lows| The highest rate for buying the US dollar lost 80 cents to $111.90, the lowest buying rate was up 55 cents $90.81, the highest selling rate climbed 6 cents $116.42 and the lowest selling rate was up 21 cents to $90.81.
The highest buying rate for the Canadian dollar eased 5 cents to $102.90, the lowest buying rate moved down 42 cents to $81.46, the highest selling rate was up 16 cents to $105.72 and lowest selling rate fell 50 cents to $98.15.
The highest buying rate for the Pound remained unchanged at $189.50 while the lowest buying rate inched up 4 cents to $151.31. The highest selling rate dropped $2.82 to $192.51 and the lowest selling rate fell 25 cents to $182.30.

More funds sold than Inflows

The local dollar was mixed against the majors on Tuesday as inflows was far less than outflows with the equivalent of $26,494,130 bought to $36,419,004 sold pretty much utilizing the excess amounts purchased on Monday when dealers bought of the equivalent of US$50 million with the equivalent of US$39.4 million sold.
FX funds 17-6-14picIn US dollar trading, dealers bought US$22,119,731 compared to US$44,649,343 on Monday as the buying rate for the US dollar eased 2 cents to $111.09 and sold US$31,688,770 versus US$36,125,994 on Monday with the rate closing up 6 cents to $111.62.
The Canadian dollar buying rate rose 53 cents to end at $101.44 with dealers buying C$1,443,301 and selling C$1,256,387 with the rate falling 10 cents to end at $102.43.
The Pound closed at $186.92, for the purchase of £1,416,577, the rate lost 32 cents, while £1,151,219 was sold, with the rate falling 22 cents to $188.73. Other currencies bought, amounted to the equivalent of US$673,078 while selling accounted for the equivalent of just $1,630,839.
FX h&l 17-6-14Highs & Lows| The highest rate for buying the US dollar gained 70 cents to $112.70, the lowest buying, the highest selling and the lowest selling rates all remained unchanged at $90.26, $116.36 and $90.60 respectively.
The highest buying rate for the Canadian dollar eased 5 cents to $102.95, the lowest buying rate moved up 75 cents to $81.88, the highest selling rate was up 67 cents to $105.56 and lowest selling rate was up by 65 cents to $98.65.
The highest buying rate for the Pound declined 25 cents to $189.50 while the lowest buying rate remained unchanged at $151.27. The highest selling rate rose by 32 cents at $195.33 and the lowest selling rate was up 30 cents to $182.55.

Moderate flows as J$ looses ground

The Jamaican dollar continues its slide against the main currencies on Thursday as the purchase of foreign currency by dealers, saw more demand than inflows. The equivalent of only US$23,283,938 entered the market with the equivalent of US$26,565,251 leaving. In contrast, on Wednesday dealers bought the equivalent of US$24,428,168 and sold the equivalent of US$31,678,079.
In US dollar trading, dealers bought only US$17,549,276 compared to US$19,806,494 on Wednesday as the buying rate for the US dollar rose 8 cents to $110.85 and sold US$21,696,188 versus US$22,336,540 on Wednesday with the rate closing up 5 cents to $111.50.
FX fnd 12-61-4The Canadian dollar buying rate fell by 18 cents to end at $101.47 with dealers buying C$1,913,368 and selling C$1,734,868 with the rate rising 4 cents to end at $102.39.
The Pound closed at $186.23, for the purchase of £2,307,441 as the rate gained $1.58, while £1,868,362 was sold, with the rate rising 77 cents to $187.49. Other currencies bought amounted to the equivalent of only US$106,784 while selling accounted for the equivalent of just $134,343.
FX hl12-6-14
Highs & Lows| The highest buying rate for the US dollar gained 5 cents to $111.70 but the lowest buying rate along with the highest selling rates remained unchanged at $90.60 and $116.09 respectively. The lowest selling rate declined by 40 cents to $108.10.
The highest buying rate for the Canadian dollar rose 20 cents to $102.80, the lowest buying rate gained 8 cents to end at $80.76, the highest selling rate was up 6 cents to $104.54 and lowest selling rate was up by 40 cents to $97.70.
The highest buying rate for the Pound gained 75 cents to $187.85 while the lowest buying rate remained unchanged at $149.40 as well as the highest selling rate at $192.60 and the lowest selling rate at $180.

Outflows dominate

The Jamaican dollar was mixed against the main currencies, in Wednesday’s trading as the purchase of foreign currency by dealers, saw more demand than supply, breaking a three day spell of more inflows than outflows. A total of the equivalent of only US$24,428,168 entered the market with the equivalent of US$31,678,079 leaving. On Tuesday dealers bought the equivalent of US$33,917,829 and they sold the equivalent of US$28,025,802.
FX fnds 11-6-14In US dollar trading, dealers bought only US$19.8 million compared to US$26.38 million on Tuesday as the buying rate for the US dollar fell 7 cents to $110.77 and sold US$27,301,779 versus US$22,336,540 on Tuesday with the rate closing up 5 cents to $111.45.
The Canadian dollar buying rate rose by 47 cents to end at $101.64 with dealers buying C$3,126,844 and selling C$3,327,533 with the rate rising 16 cents to end at $102.36.
The Pound closed at $184.65, for the purchase of £980,484 as the rate gained 18 cents, while £755,239 was sold, with the rate dropping 46 cents to $186.72. Other currencies bought amounted to the equivalent of only US$118,036 while selling accounted for the equivalent of just $54,991.
FXHL -11-6-14Highs & Lows| The highest rate gained 5 cents to $111.65 but the lowest buying rate along with the highest selling for the US dollar remained unchanged at $90.60 and $116.09 respectively. The lowest selling rate was up $17.90 to $108.50.
The highest buying rate for the Canadian dollar rose 45 cents to $102.60, the lowest buying rate remained unchanged at $80.68, the highest selling rate was up 38 cents to $104.48 and lowest selling rate was up by a mere 10 cents to $97.30.
The highest buying rate for the Pound gained 10 cents to $187.10 while the lowest buying rate remained unchanged at $149.40. The highest selling rate rose by $1.06 to $192.60 and the lowest selling rate was up 55 cents to $180.

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