The Jamaican dollar slipped slightly against the US dollar on Tuesday but remains below the 129 mark as sales of US dollars exceeded buying. The local currency also fell in value against the other three major currencies.
On Tuesday dealers bought the equivalent of US$34,163,768 of all currencies and sold US$38,672,874, compared to US$58,754,418 purchased and US$39,263,489 sold on Monday.
In US dollar trading, dealers bought US$28,047,652 compared to US$52,747,596 on Monday. The buying rate for the US dollar slipped by 29 cents to $127.95. A total of US$35,449,849 was sold versus US$35,020,783 on Monday, with the selling rate rising by 2 cents to $128.91. The Canadian dollar buying rate rose by 87 cents to $95.99, with dealers buying C$4,402,789 and selling C$2,199,996 at an average rate that inched up by 5 cents to $97.21. The average rate for buying the British Pound climbed $1.13 to $160.82 for the purchase of £2,063,999 while £950,076 was sold with a rise of $1.15, to end at $163.31.
At the end of trading on Tuesday, dealers sold €222,618 with the selling rate for the Euro, closing with a rise of $1.77 to $139.38, according to data from Bank of Jamaica. Dealers purchased €125,019 of the European common currency at $133.64 after jumping $4.30. The US dollar equivalent of other currencies traded, amounts to US$88,371 being bought and selling of US$119,588.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded foreign currencies on Tuesday, include a rise of $1.10 in the lowest selling rate for the US dollar to end at $121.10. The lowest selling rate for the Canadian dollar jumped $5 to $92. The highest buying rate for the British Pound rose $4.05 to $168.25, the highest selling rate climbed $1.08 to end at $172.26 while the lowest selling rate rose $3.50 to $157.50.

The Jamaican dollar remained below 129 to the US dollar on Friday but lost value versus the other three major currencies, with a big loss against the Canadian dollar, with the country entering a period of high inflows and relatively lower outflows that could well result in some revaluation of the currency in 2017.
On Friday dealers bought the equivalent of US$39,914,464 of all currencies and sold US$37,310,870, compared to US$31,582,543 purchased and US$30,667,869 sold on Thursday.
In US dollar trading, dealers bought US$34,228,934 compared to US$28,148,803 on Thursday. The buying rate for the US dollar rose 1 cent to close at $128.24. A total of US$33,195,116 was sold versus US$29,170,051 on Thursday, with the selling rate remaining at $128.95. The Canadian dollar buying rate climbed sharply by $3.13 to $96.34, with dealers buying C$4,329,688 and selling C$3,693,831 at an average rate that surged $2.57 to $97.24. The average rate for buying the British Pound rose $1.15 to $160.36 for the purchase of £1,766,954 while £928,822 was sold with a rise of 82 cents to end at $162.12.
At the end of trading on Friday, dealers sold €145,186 with the selling rate for the Euro, closing with a rise of $3.67 to $139.11, according to data from Bank of Jamaica. Dealers purchased €100,568 of the European common currency at $132.38 after rising 70 cents. The US dollar equivalent of other currencies traded, amounts to US$119,348 being bought and selling of US$5,648.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded foreign currencies on Friday, include a decline of $1.59 in the highest buying rate for the British Pound to $164.15, a fall of $2.53 in the highest selling rate to end at $166.71 while the lowest selling rate declined $2.70 to $151.30. The highest selling rate for the Euro declined by $1.38 to $141.72.

The Jamaican dollar declined three major currencies but remained firm versus the euro in the foreign exchange market. On Wednesday dealers bought the equivalent of US$39,189,951 of all currencies and sold US$34,123,507, compared to US$66,535,327 purchased and US$64,508,975 sold on Tuesday.
In US dollar trading, dealers bought US$34,730,432 compared to US$59,608,976 on Tuesday. The buying rate for the US dollar rose 10 cents to close at $128.30. A total of US$32,306,693 was sold versus US$60,637,044 on Tuesday, with the selling rate rising 3 cents, to $129.04. The Canadian dollar buying rate rose by 35 cents to $92.93, with dealers buying C$1,606,912 and selling C$693,816 at an average rate that gained 49 cents to $95.30. The average rate for buying the British Pound gained by 43 cents to $158.26 for the purchase of £2,308,776 while £845,426 was sold with a rise of $1.06 to end at $160.65.
At the end of trading on Wednesday, dealers sold €185,300 with the selling rate for the Euro, closing unchanged at $139.59, according to data from Bank of Jamaica. Dealers purchased €84,378 of the European common currency at $132.47 after falling $1.12. The US dollar equivalent of other currencies traded, amounts to US$360,636 being bought and selling of US$50,852.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded foreign currencies on Wednesday, include a decline of $1.10 in the highest buying rate for the US dollar and a rise of $15.96 in the lowest selling rate to end at $120. The highest buying rate for the Canadian dollar dropped $22.50 to $97.50 while there was a drop of $13.90 in the lowest selling rate to $91 and the highest buying rate for the Euro declined by $18.54 to $138.70.

The Jamaican dollar gained against the US and Canadian dollars as trading resumed fully in the foreign exchange market after the Monday when the country had partial closure due to Local Government elections. The local currency slipped against the Pound and the euro.
Over the two days to Tuesday dealers bought the equivalent of US$66,535,327 of all currencies and sold US$64,508,975, compared to US$43,223,641 purchased and US$46,444,892 sold on Friday.
In US dollar trading, dealers bought US$59,608,976 compared to US$38,657,105 on Friday. The buying rate for the US dollar fell 29 cents to close at $128.20. A total of US$60,637,044 was sold versus US$43,567,152 on Friday, with the selling rate falling 6 cents, to $129.01. The Canadian dollar buying rate rose by 1 cent to $92.58, with dealers buying C$3,293,804 and selling C$1,184,938 at an average rate that fell 11 cents to $94.80. The average rate for buying the British Pound declined by 40 cents to $157.83 for the purchase of £3,424,418 while £1,457,937 was sold with a rise of 8 cents to end at $159.59.
At the end of trading on Tuesday, dealers sold €1,088,855 with the selling rate for the Euro, closing with a rise of $4.42 to $139.59, according to data from Bank of Jamaica. Dealers purchased €301,109 of the European common currency at $133.60 after falling $1.30. The US dollar equivalent of other currencies traded, amounts to US$18,022 being bought and selling of US$16,309.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded foreign currencies on Tuesday, include a rise of $22.45 in the highest buying rate for the Canadian dollar to $120 and a drop of $14.40 in the lowest selling rate to $77.10. The highest buying rate for the British Pound climbed by $3.80 to $164 and the highest selling rate rose $3.50 to $168.48. The highest buying rate for the Euro rose $21.44 to $157.24.

The Jamaican dollar gained against the four major currencies in trading on Friday as volumes climb. Dealers bought the equivalent of US$43,223,641 of all currencies and sold US$46,444,892, compared to US$23,131,959 purchased and US$18,138,969 sold on Thursday.
In US dollar trading, dealers bought US$38,657,105 compared to US$19,995,977 on Thursday. The buying rate for the US dollar rose 34 cents to close at $128.49. A total of US$43,567,152 was sold versus US$17,183,431 on Thursday, with the selling rate falling a fraction of a cent, to just under $129.07. The Canadian dollar buying rate climbed 27 cents to $92.57, with dealers buying C$1,600,642 and selling C$1,365,863 at an average rate that fell 49 cents to $94.91. The average rate for buying the British Pound rose by 61 cents to $158.23 for the purchase of £2,256,134 while £992,218 was sold with a fall of $1.27 to end at $159.51.
At the end of trading on Friday, dealers sold €461,281 with the selling rate for the Euro, closing with a fall of $1.58 to $139.57, according to data from Bank of Jamaica. Dealers purchased €510,595 of the European common currency at $134.90 after jumping $4.36. The US dollar equivalent of other currencies traded, amounts to US$98,934 being bought and selling of US$162,509.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded currencies, in the foreign exchange market on Friday, include a drop in the lowest selling rate for the US dollar by $19.96, to $104.04. A rise of $1.45 in the highest buying rate for the Canadian dollar to $97.55. The highest selling rate for the British Pound declined by $2.96 to $164.98 and the highest buying rate for the Euro rose $1.60 to $135.80.

The Jamaican dollar gained moderately in foreign exchange trading on Wednesday against the United States but fell against the other three major currencies. Dealers bought the equivalent of US$42,647,035 of all currencies and sold US$37,480,324, compared to US$38,545,626 purchased and US$30,346,908 sold on Tuesday.
In US dollar trading, dealers bought US$37,980,242 compared to US$33,256,940 on Tuesday. The buying rate for the US dollar climbed 13 cents to close at $128.49. A total of US$32,510,365 was sold versus US$26,749,165 on Tuesday, with the selling rate falling 4 cents to end at $129.05. The Canadian dollar buying rate rose 14 cents to $95.38, with dealers buying C$4,351,922 and selling C$4,660,973 at an average rate that climbed 61 cents to $96.95. The average rate for buying the British Pound fell $1.21 to $156.74 for the purchase of £756,557 while £280,437 was sold with a gain of 80 cents to end at $160.67.
At the end of trading on Wednesday, dealers sold €941,766 with the selling rate for the Euro, closing with a rise of 39 cents to $137.91, according to data from Bank of Jamaica. Dealers purchased €472,871 of the European common currency at $135.65 after rising $2.24. The US dollar equivalent of other currencies traded, amounts to US$14,312 being bought and selling of US$112,861.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded currencies in the foreign exchange market on Wednesday, include a rise in the highest buying rate for the Canadian dollar of $2.20 to $99. The highest buying rate for the British Pound climbed $1 to $162, the highest selling rate lost $1.02 to $167.46, while the lowest selling rate climbed $3.50 to $156. The highest buying rate for the Euro fell $1.10 to $137, the highest selling rate dropped $2.31 to $140 and the lowest selling rate rose by 80 cents to $132.80.

The Jamaican dollar loss value moderately in foreign exchange trading on Monday against the United states and Canadian dollars and the euro but rose versus the pound sterling, but the the local dollar remains fairly stable against the US dollar. Dealers bought the equivalent of US$45,464,411 of all currencies and sold US$38,304,518, compared to US$35,239,711 purchased and US$31,681,608 sold on Friday.
In US dollar trading, dealers bought US$41,399,410 compared to US$31,869,568 on Friday. The buying rate for the US dollar slipped 24 cents to close at $128.25. A total of US$35,949,113 was sold versus US$30,119,910 on Friday, with the selling rate rising 2 cents to $129.09. The Canadian dollar buying rate rose 97 cents to $93.60, with dealers buying C$3,290,638 and selling C$2,267,374 at an average rate that climbed 58 cents to $95.89. The average rate for buying the British Pound dipped $1.09 to $156.04 for the purchase of £1,190,698 while £302,726 was sold with a fall of $1.06 to end at $158.37.
At the end of trading on Monday, dealers sold €271,014 with the selling rate for the Euro, closing with a rise of $2.25 to $139.76, according to data from Bank of Jamaica. Dealers purchased €198,442 of the European common currency at $131.81 after falling $1.22. The US dollar equivalent of other currencies traded, amounts to US$10,670 being bought and selling of US$6,359.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded currencies, in the foreign exchange market on Monday, include a rise in the highest buying rate for the Canadian dollar by 87 cents to $97.70. The lowest buying rate for the British Pound dived $1.41 to $128.65, the highest selling rate dropped $1.84 to $167.40, while the lowest selling rate lost $1 to $154. The lowest buying rate for the Euro fell $1.45 to $110.39 and highest selling rate jumped $3.59 to $143.64.

The Jamaican dollar rose in value in foreign exchange trading on Friday against the United states and Canadian dollars and the pound but slipped versus the euro. Dealers bought the equivalent of US$35,239,711 of all currencies and sold US$31,681,608, compared to US$37,367,097 purchased and US$36,133,436 sold on Thursday.
In US dollar trading, dealers bought US$31,869,568 compared to US$31,042,246 on Thursday. The buying rate for the US dollar rose 8 cents to close at $128.49. A total of US$30,119,910 was sold versus US$30,989,415 on Thursday, with the selling rate falling 3 cents to $129.07. The Canadian dollar buying rate dropped $3.31 to $92.63, with dealers buying C$1,538,306 and selling C$780,325 at an average rate that dived $1.14 to $95.31. The average rate for buying the British Pound dipped 20 cents to $157.13 for the purchase of £1,692,940 while £665,394 was sold with a fall of $1.22 to end at $159.43.
At the end of trading on Friday, dealers sold €80,071 with the selling rate for the Euro, closing with a rise of 20 cents to $137.51, according to data from Bank of Jamaica. Dealers purchased €106,555 of the European common currency at $133.03 after falling $3.25. The US dollar equivalent of other currencies traded, amounts to US$80,504 being bought and selling of US$78,252.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded currencies, in the foreign exchange market on Friday, include a dip in the highest buying rate for the Canadian dollar by $1.77 to $96.83, the lowest selling rate dropped $2 to $90. The highest buying rate for the British Pound dived $4.05 to $159.70, while the lowest selling rate rose $1 to $155. The highest selling rate for the Euro fell $5.75 to $140.05 and lowest selling rate jumped $17.84 to $132.80.