Thursday, 13th June 2013 | The Jamaican dollar reached a new low in all currencies today as dealers sold the US dollar for 32 cents more than they did on Wednesday as they bought it for an average of 45 cents more. The Canadian dollar was bought by dealers at just 6 cents more and sold it for 86 cents more, than on Wednesday and for the pound it was selling 73 cents more but 96 cents less when they purchased.

The amount of the US currency actually purchased was slight more than the amount sold US$22.45 bought and US$21.95 sold. C$1.2 million was purchased and C$944,000 sold and for the pound sterling purchases amounted to £1 million and selling £1.4 million.

Closing selling rates were US dollar, J$100.782, Canadian dollar J$99.343 and pound sterling J$157.76.

Wednesday 12th June 2013 | The lowest selling rate for the US dollar jumped $15.33 to $97 in today’s trading. The highest buying rate also climbed but by a smaller $1.05. the highest rate for the pound climbed by 90 cents today and the lowest buying rates moved up $1.12 for the pound while the British currency was sold at the highest rate of $1.08 more than yesterdays $159.12 but the currency was sold at it lowest of $2 less than on Tuesday.

Once again, the amount of funds purchased exceeded the amounts sold as a total of $29.69 million US equivalent was purchased while selling amounted to US$28.3 million as all the rates moved up with the buying rates climbing the most for the Pound Sterling and Canadian Dollar by $1.02 and $1.58 respectively.

The selling rate for the US dollar inched up another 16 cents the same as yesterday and the Canadian 15 cents and the Pound 60 cents.

Tuesday, 11th June 2013 | A total of US$31.1 million of foreign was purchased in today’s foreign exchange trading and US$26.7 million sold, but $24.26 million in US dollars were purchased and $21.3 million were sold at an average rate of J$100.30, 16 cents more than on Monday. Buying took place 3 cents lower than on Monday at $99.41. Buying of the Canadian and the Pound were once more greater than the amounts sold.

The Canadian was purchased for 38 cents less and the Pound for $1.76 more than on Monday. Selling took place at 6 cents less for the Canadian and 70 cents more for the pound.

The highest buying rate for the US dollar actually fell marginally but the selling rates moved up to 21 cents for the highest sell rate and 26 cent for the highest sell rate. All the rates for the Canadian dollar rose noticeably while those for the Pound were mixed with the lowest selling rate rising $3 and the highest sell rate shedding $1.70.

Monday, 10th June 2013 | The selling of US dollars to purchase BOJ bond instruments seems to have come to a halt in Monday’s trading as the buying of foreign exchange exceeded selling for the first time since the week ending May 31. Authorized dealers purchased US$32.78 million and sold US $30.16 million. C$1.2 million was purchased and C$933,500 was sold. GBP1.9 million was purchased and GBP985,000 was sold.

All the rates moved up marginally except the buying rate of pound sterling which moved up quite a bit. The movements in rates were more moderate than on Friday.

The US dollar put on 19 cents on the buying side while just barely inching up 6 cents on the sell side. For the Canadian dollar it took 10 cents more to buy the dollar while selling cost 49 cents more and for pound sterling the buying rate rose by $1.57 to $153.18 and selling rose to $155.64, some 20 cents more.

On Friday the US$ buying rate increased by 22 cents and the selling rate was up 15 cents, while the Canadian dollar buying rate was up $1.60, and the selling rate gained  81 cents. Buying rate down $2.30, selling rates up $0.56.