The Jamaica dollar lost ground against the United States currency at the close of trading on Friday even as the inflows was US$5 million more than the amount sold.
The foreign exchange market closed on Friday with dealers buying the equivalent in all currencies, of US$38,700,842 and selling US$33,005,652, in contrast to US$46,580,987 purchased and US$45,960,920 sold on Thursday
In US dollar trading, dealers bought US$35,609,042 compared to US$42,886,272 on Thursday as the buying rate for the US dollar rose 5 cents to $125.46.
A total of US$30,473,037 was sold versus US$43,055,967 on Thursday with the selling rate rising 7 cents to $126.07. The Canadian dollar buying rate rose $1.51 to end at $94.43 with dealers buying C$916,929 and selling C$539,990, at an average rate that fell 78 cents to $97.28. The average rate for buying the British Pound dipped $1.37 to $175.53 for the purchase of £1,626,743, while £614,329 was sold, with the rate declining 51 cents to $177.63.
At the end of trading, the selling rate for Euro, dropped $1.20 to close at J$140.45 from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$137.69, for a fall of $1.23 on Thursday’s rate. The US dollar equivalent of other
currencies traded amounts to US$125,608 being bought, while US$1,250,415 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Friday, include, a decline of $1.12 in the lowest buying rate of the Canadian Dollar to $76.07, a fall of 92 cents in the highest selling rate to $100.08 and the lowest buying rate of the British Pound dropped $1.66 to $140.69 with the highest selling rate falling $1.84 to $183.38.
Jamaican$ down vs US on Friday
Jamaican$ gains vs US on Thursday
The Jamaica dollar made gains on the United States currency at the close of trading on Thursday, with the selling rate closing at the 126 level for one US dollar.
The foreign exchange market closed on Thursday with dealers buying the equivalent in all currencies of US$46,580,987 and selling US$45,960,920, in contrast to US$44,233,911 purchased and US$43,941,471 sold on Wednesday
In US dollar trading, dealers bought US$42,886,272 compared to US$41,821,237 on Wednesday as the buying rate for the US dollar fell 12 cents to $125.41. A total of US$43,055,967 was sold versus US$42,635,195 on Wednesday with the selling rate declining 8 cents to $126.
The Canadian dollar buying rate fell $1.61 to end at $92.92 with dealers buying C$525,509 and selling C$950,143, at an average rate that rose 9 cents to $98.06. The average rate for buying the British Pound climbed $2 to $176.90 for the purchase of £2,210,356, while £1,396,914 was sold, with the rate rising $1.23 to $178.14.
At the end of trading, the selling rate for Euro, rose 34 cents to close at J$141.65 from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$138.92, for a rise of 36 cents on Wednesday’s rate. The US dollar equivalent of other currencies traded amounts to US$187,489 being bought, while US$190,557 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Thursday, include, a rise of 90 cents in the highest buying rate of the Canadian Dollar to $98.90, a gain of $4.19 in the lowest buying rate to $77.19, while the lowest selling rate fell $1.50 to $91.50 and the lowest buying rate of the British Pound dropped $5.99 to $142.35 with the lowest selling rate falling $1.84 to $169.
Jamaican$ sinks further – Wednesday
The Jamaica dollar closed on Wednesday above 126 level for one US dollar for the second day as forex trading saw slightly more selling by dealers of the United States currency than the amount bought by them.
The foreign exchange market closed on Wednesday with dealers buying the equivalent in all currencies of US$44,233,911 and selling US$43,941,471, in contrast to US$46,789,793 purchased and US$53,956,348 sold on Tuesday
In US dollar trading, dealers bought US$41,821,237 compared to US$44,550,096 on Tuesday as the buying rate for the US dollar rose 5 cents to $125.53. A total of US$42,635,195 was sold versus US$50,575,123 on Tuesday with the selling rate rising 3 cents to $126.08.
The Canadian dollar buying rate fell 78 cents to end at $94.53 with dealers buying C$737,247 and selling C$473,124, at an average rate that dropped $1.27 to $97.97. The average rate for buying the British Pound dropped 50 cents to $174.90 for the purchase of £1,032,688, while £559,630 was sold, with the rate falling 94 cents to $176.91.
At the end of trading, the selling rate for Euro, dropped $1.07 to close at J$141.31 from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European
common currency at J$138.55, for a fall of 79 cents off Tuesday’s rate. The US dollar equivalent of other currencies traded amounts to US$418,654 being bought, while US$153,342 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Wednesday, include, a fall in the highest buying rate of the Canadian Dollar by $1.25 to $98, a fall of $5.02 in the lowest buying rate to $73, while the lowest selling rate rose $1 to $93 and the lowest buying rate of the British Pound gained $5.41 to $148.34.
It’s now J$126.05 for the US – Tuesday
The Jamaica dollar closed on Tuesday above 126 level for one US dollar for the first time as forex trading saw more selling by dealers than the amount bought by them.
The foreign exchange market closed on Tuesday with dealers buying the equivalent in all currencies of US$46,789,793 and selling US$53,956,348, in contrast to US$46,887,823 purchased and US$45,219,931 sold on Monday
In US dollar trading, dealers bought US$44,550,096 compared to US$43,963,642 on Monday as the buying rate for the US dollar rose 29 cents to $125.48. A total of US$50,575,123 was sold versus US$43,909,244 on Monday with the selling rate rising 6 cents to $126.05.
The Canadian dollar buying rate climbed $1.19 to end at $95.31 with dealers buying C$863,203 and selling C$2,979,467, at an average rate that rose $2.49 to $99.24. The average rate for buying the British Pound dropped 71 cents to $175.40 for the purchase of £1,091,795, while £295,344 was sold, with the rate falling $1.74 to $177.85.
At the end of trading, the selling rate for Euro, rose 15 cents to close at J$142.38 from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$139.35, for a rise of 16 cents off Monday’s rate.
The US dollar equivalent of other currencies traded amounts to US$57,873 being bought, while US$618,927 was sold.Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Tuesday, include, a rise in the lowest selling rate of the Canadian Dollar by $7.30 to $92, a fall in the highest buying rate British Pound of $2.55 to $179, a fall in the lowest buying rate by 66 cents to $142.93, a decline in the highest selling rate of 86 cents to $185.98 and a fall of 90 cents in the lowest selling rate to $170.50.
Jamaican$ 1 cent from $126 to US – Monday
The Jamaica dollar closed on Monday just 1 cent below the 126 level for one US dollar as forex trading exceeded US45 million, with selling just lower than the amount bought by dealers.
The foreign exchange market started the week, with dealers buying the equivalent in all currencies of US$46,887,823 and selling US$45,219,931, in contrast to US$36,345,365 purchased and US$34,310,493 sold on Friday
In US dollar trading, dealers bought US$43,963,642 compared to US$30,620,827 on Friday as the buying rate for the US dollar rose 12 cents to $125.19.
A total of US$43,909,244 was sold versus US$31,425,559 on Friday with the selling rate rising 10 cents to $125.99. The Canadian dollar buying rate dropped $3.23 to end at $94.12 with dealers buying C$998,707 and selling C$543,804, at an average rate that dipped $1.60 to $96.74. The average rate for buying the British Pound dropped $3.45 to $176.11 for the purchase of £1,471,425, while £577,920 was sold, with the rate falling $1.49 to $179.59.
At the end of trading, the selling rate for Euro, fell 20 cents to close at J$142.23 from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$139.18, for a rise of 21 cents off Friday’s rate. The US dollar equivalent of other currencies traded amounts to US$103,378 being bought, while US$69,345 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Monday, include, a drop in the lowest selling rate of the Canadian Dollar by $8.80 to $84.70, a fall in the highest buying rate British Pound of $1.25 to $181.55, a fall in the lowest buying rate by $1.25 to $143.59, a decline in the highest selling rate of $1.62 to $186.84 and a fall of $1.60 in the lowest selling rate to $171.40.
Jamaican$ loses more ground – Friday
The buying and selling in the forex market on Friday resulted in close to US$1 million more sold by dealers than the amount of the US currencies they bought, helping the selling rate of the US dollar to continue to gain on the Jamaican currency.
The foreign exchange market closed on the week, with dealers buying the equivalent in all currencies of US$36,345,365 and selling US$34,310,493, in contrast to US$27,777,238 purchased and US$29,407,363 sold on Thursday
In US dollar trading, dealers bought US$30,620,827 compared to US$23,605,085 on Thursday as the buying rate for the US dollar rose 12 cents to $125.07. A total of US$31,425,559 was sold versus US$27,506,903 on Thursday with the selling rate rising 13 cents to $125.89.
The Canadian dollar buying rate rose $1.99 to end at $97.35 with dealers buying C$2,580,438 and selling C$1,910,591, at an average rate that rose 35 cents to $98.34. The average rate for buying the British Pound climbed 40 cents to $179.56 for the purchase of £2,462,776, while £859,944 was sold, with the rate falling 57 cents to $181.08.
At the end of trading, the selling rate for Euro, fell 81 cents to close at J$142.43 from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$139.39, for a rise of 81 cents off Thursday’s rate. The US dollar equivalent of other currencies traded amounts to US$180,535 being bought, while US$155,560 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Friday, include, a drop in the lowest selling rate of US Dollar by $19.88 to $102.12, a fall of $1.75 in the highest buying rate of the Canadian Dollar to $98.75 and a rise of $3.50 in the lowest selling rate to $93.50. The highest selling rate British Pound dipped $1.19 to $189.46 and the lowest selling rate rose $1 to $173.
US$ sales exceed purchases – Friday
The buying and selling in the forex market on Friday resulted slightly more selling by dealers than the amounts bought in all currencies but sale of US dollars exceeded inflows by US$3 million, helping the selling rate of the US dollar, to continue to gain on the Jamaican currency.
The foreign exchange market closed on Friday, with dealers buying the equivalent of US$31,515,940 and selling US$33,499,897, in contrast to US$32,911,167 purchased and US$33,802,996 sold on Thursday
In US dollar trading, dealers bought US$27,698,434 compared to US$28,031,398 on Thursday as the buying rate for the US dollar remained unchanged at $124.75.
A total of US$30,645,567 was sold versus US$31,006,313 on Thursday with the selling rate rising 6 cents to $125.56. The Canadian dollar buying rate fell $1.17 to end at $92.28 with dealers buying C$691,476 and selling C$516,501, at an average rate that climbed by 88 cents to $96.11. The average rate for buying the British Pound climbed $1.04 to $179.34 for the purchase of £1,920,291, while £1,270,603 was sold, with the rate rising $1.11 to $181.05.
At the end of trading, the selling rate for Euro, fell by 12 cents to close at J$140.06 from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European
common currency at J$137.13, for a fall of 2 cents on Thursday’s rate. The US dollar equivalent of other currencies traded amounts to US$545,285 being bought, while US$626,785 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Friday, include, a rise of $18.88 in the lowest selling rate of the US Dollar to $121, a rise of $1.60 in the highest buying rate of the Canadian Dollar to $97.50 and the highest buying rate for the British Pound increasing by $2.51 to $183.81.
US$ sales exceed purchases – Thursday
The buying and selling in the forex market on Thursday resulted slightly more selling by dealers than the amounts bought in all currencies but sale of US$ exceeded inflows by US$3 million.
The foreign exchange market closed on Wednesday, with dealers buying the equivalent of US$32,911,167 and selling US$33,802,996, in contrast to US$28,237,528 purchased and US$39,830,039 sold on Wednesday
In US dollar trading, dealers bought US$28,031,398 compared to US$26,160,433 on Wednesday as the buying rate for the US dollar added 13 cents to end at $124.75. A total of US$31,006,313 was sold versus US$38,578,531 on Wednesday with the selling rate rising 3 cents to $125.50.
The Canadian dollar buying rate rose $1.08 to end at $93.45 with dealers buying C$1,133,560 and selling C$606,541, at an average rate that climbed by 78 cents to $95.23. The average rate for buying the British Pound climbed 95 cents to $178.30 for the purchase of £1,804,146, while £621,406 was sold, with the rate dropping 97 cents to $179.94.
At the end of trading, the selling rate for Euro, gained 56 cents to close at J$140.18 from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$137.15, for a rise of 38 cents on Tuesday’s rate.
The US dollar equivalent of other currencies traded amounts to US$1,452,009 being bought, while US$1,445,479 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates for the Jamaican dollar in the foreign exchange market on Wednesday, include, a fall of $19.23 in the lowest selling rate of the US Dollar to $102.12, a rise of $1.50 in the highest buying rate of the Canadian Dollar to $95.90 and a $1 gain in the lowest buying rate to $75.70 while the lowest buying rate for the British Pound fell by $2.07 to $143.84 and the highest buying rate declined 95 cents to $187.16.
US$11.5m more sold than purchased – Wednesday
Dealers in the forex market sold over US$11.5 million more than they bought on Wednesday in all currencies as the local currency selling rate for the US dollar increased by 5 cents.
The foreign exchange market closed on Wednesday, with dealers buying the equivalent of US$28,237,528 and selling US$39,830,039, in contrast to US$47,052,554 purchased and US$42,436,572 sold on Tuesday.
In US dollar trading, dealers bought US$26,160,433 compared to US$44,115,520 on Tuesday, as the buying rate for the US dollar declined by 10 cents to $124.62. A total of US$38,578,531 was sold versus US$40,688,761 on Tuesday with the selling rate rising 6 cents to $125.47.
The Canadian dollar buying rate fell 80 cents to end at $92.37 with dealers buying C$793,330 and selling C$436,850, at an average rate that fell 42 cents to $94.45. The rate for buying the British Pound dropped $1.76 to $177.35 for the purchase of £1,003,394, while £556,923 was sold, with the rate gaining 55 cents to $180.91.
At the end of trading, the selling rate for Euro, fell 13 cents to close at J$139.61 from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$136.77, for a rise of 21 cents on Tuesday’s rate. The US dollar equivalent of other currencies traded amounts to US$61,198 being bought, while US$119,605 was sold.
Highs & Lows| Notable changes to the highest and lowest rates, the Jamaican dollar traded at, in the foreign exchange market on Wednesday, include, a rise of $19.23 in the lowest selling rate of the US Dollar to $121.35, a fall of $3.22 in the highest buying rate of the Canadian Dollar to $94.40 while the highest buying rate for the British Pound fell by $2.90 to $182.15 and the lowest selling rate rose $1 to $173.
US$ selling rate falls – Tuesday
Dealers in the forex market who bought over US$24 million more than they sold last week sold US$5 million more than they bought on Tuesday in all currencies as the local currency selling rate for the US dollar increased for the sixth consecutive day.
The foreign exchange market closed on Tuesday, with dealers buying the equivalent of US$47,052,554 and selling US$42,436,572, in contrast to US$35,822,833 purchased and US$40,716,594 sold on Monday.
In US dollar trading, dealers bought US$44,115,520 compared to US$32,644,468 on Monday, as the buying rate for the US dollar rose by 24 cents to $124.72.
A total of US$40,688,761 was sold versus US$39,134,277 on Monday with the selling rate falling 5 cents to $125.41. The Canadian dollar buying rate rose 71 cents to end at $93.17 with dealers buying C$1,154,316 and selling C$860,008, at an average rate that fell $1.87 to $94.87. The rate for buying the British Pound dropped 51 cents to $179.11 for the purchase of £1,352,910, while £494,893 was sold, with the rate falling $1.49 to $180.36.
At the end of trading, the selling rate for Euro, rose 10 cents to close at J$139.74 from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$136.56, for a fall of 43 cents from Monday’s rate. The US dollar equivalent of other currencies traded amounts to US$131,893 being bought, while US$385,512 was sold.
Highs & Lows| Notable changes to the highest and lowest rates, the Jamaican dollar traded at, in the foreign exchange market on Tuesday, include, a rise of $1.70 in the lowest buying rate of the Canadian Dollar to $74.70 and a gain of $2.30 to $89.50 in the lowest selling rate. The lowest buying rate for the British Pound fell by $1 to $145.08 and a $2.08 fall in the highest selling rate, pushed it to $188.