The Jamaican dollar declined further against the US on Wednesday as trading ended with the equivalent of US$29,454,444 bought by dealers, compared with US$28,126,519 on Tuesday, while they sold the equivalent of US$38,709,609, versus US$27,742,141 previously.
In US dollar trading , dealers bought US$27,318,495 compared to US$24,426,414 on Tuesday. The buying rate for the US dollar rose 25 cents to $118.31 and US$37,086,688 was sold versus US$26,566,997 on Tuesday, the selling rate rose 14 cents to close at $118.96. The Canadian dollar buying rate rose 38 cents to $87.01, with dealers buying C$987,645 and selling C$854,933, at an average rate that added 75 cents to $89.55. The rate for buying the British Pound fell $2.36 to $178.69 for the purchase of £882,108, while £446,384 was sold, at an average rate that dropped $1.28 to end at $181.43. At the end of trading, it took J$132.29 to purchase the Euro, with a fall by 72 cents on Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.48, for a decline of 70 cents from Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$77,228 being bought, while US$298,488 was sold.
Highs & Lows| The highest buying rate for the US dollar jumped $1.42 cents to $120.50 on Wednesday. The lowest buying rate and the highest selling rate remained at $97.28 and $124.66 respectively and the lowest selling rate jumped $18.02 to $115.30. The highest buying rate for the Canadian dollar jumped $1.30 to $90.50, the lowest buying rate rose 8 cents to end at $71.46, the highest selling rate declined 96 cents to end at $92.13 and the lowest selling rate remained unchanged at $85.50. The highest buying rate for the British Pound, gained 80 cents to $184, the lowest buying rate slipped 92 cents to $147.24, the highest selling rate climbed $1.66 to $189.82 and the lowest selling rate dropped $2 to $175.50.

The Jamaican dollar loss modestly against the US on Tuesday as trading ended with the equivalent of US$28,126,519 bought by dealers, compared with US$37,071,417 on Monday, while they sold the equivalent of US$27,742,141, versus US$38,611,906 previously.
In US dollar trading, dealers bought US$24,426,414 compared to US$34,186,451 on Monday. The buying rate for the US dollar rose 1 cent to $118.06 and US$26,566,997 was sold versus US$35,640,829 on Monday, the selling rate rose 1 cent to close at $118.82. The Canadian dollar buying rate fell 27 cents to $86.63, with dealers buying C$756,523 and selling C$636,593, at an average rate that fell $1.63 to $88.80. The rate for buying the British Pound climbed 32 cents to $181.05 for the purchase of £1,995,879, while £379,448 was sold, at an average rate that dropped $1.65 to end at $182.71. At the end of trading, it took J$133.01 to purchase the Euro, with a fall by $2.17 on Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$130.17, for a decline of $2.26 from Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$84,437 being bought, while US$115,923 was sold.
Highs & Lows| The highest buying rate for the US dollar rose 3 cents to $119.08 on Tuesday. The lowest buying rate, the highest and lowest selling rates remained at $97.28, $124.66 and $97.28 respectively. The highest buying rate for the Canadian dollar dropped 90 cents to $89.20, the lowest buying rate fell $1 to end at $71.38, the highest selling rate declined 21 cents to end at $93.09 and the lowest selling rate remained unchanged at $85.50. The highest buying rate for the British Pound, dropped $1.80 to $183.20, the lowest buying rate slipped 91 cents to $148.16, the highest selling rate dived $4.01 to $188.16 and the lowest selling rate was unchanged at $177.50.

On Thursday, foreign currencies trading ended with the equivalent of US$26,978,758 bought by dealers, compared with US$28,936,806 on Wednesday, while they sold the equivalent of US$26,028,106, versus US$30,128,813 previously.
In US dollar trading , dealers bought US$24,942,235 compared to US$26,540,452 on Wednesday. The buying rate for the US dollar added 23 cents to $118.19 and US$24,919,250 was sold versus US$29,051,112 on Wednesday, the selling rate rose 1 cent to close at $118.76. The Canadian dollar buying rate fell 35 cents to $86.88, with dealers buying C$597,553 and selling C$435,435, at an average rate that rose 2 cents to $89.14. The rate for buying the British Pound climbed 53 cents to $180.43 for the purchase of £916,625, while £316,922 was sold, at an average rate that rose 12 cents to end at $182.97. At the end of trading, it took J$134.14 to purchase the Euro, a rise of 26 cents on Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$131.24, for a fall of 33 cents from Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$197,967 being bought, while US$293,765 was sold.
Highs & Lows| The highest buying rate for the US dollar rose 35 cents to $119.30 on Thursday. The lowest buying, the highest and the lowest selling rates remained at $97.19, $124.55 and $97.19 respectively. The highest buying rate for the Canadian dollar gained $1.20 to $91.20, the lowest buying rate added 16 cents to $71.21, the highest selling rate rose 50 cents to end at $92.50 and the lowest selling rate lost 50 cents to end at $85.50. The highest buying rate for the British Pound, rose 60 cents to $184.50, the lowest buying rate gained 83 cents to $147.49, the highest selling rate climbed $2.31 to $190.14 and the lowest selling rate fell $1 to $176.

On Wednesday, foreign currencies trading returned to normalise levels with the equivalent of US$28,936,806 bought by dealers, up sharply from US$84,319,871 on Tuesday, while they sold the equivalent of US$30,128,813, well up on the US$76,815,510 previously.
In US dollar trading , dealers bought US$26,540,452 compared to US$81,554,806 on Tuesday. The buying rate for the US dollar fell 51 cents to $117.96 and US$29,051,112 was sold versus US$74,978,636 on Tuesday, the selling rate rose 1 cent to close at $118.75. The Canadian dollar buying rate gained 12 cents to $87.23, with dealers buying C$892,891and selling C$551,153, at an average rate that fell 15 cents to $89.12. The rate for buying the British Pound climbed 50 cents to $179.90 for the purchase of £1,080,602, while £410,197 was sold, at an average rate that rose $1.35 to end at $182.85. At the end of trading, it took J$133.88 to purchase the Euro, a fall of 19 cents from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$131.57, for a rise from Tuesday’s rate of 33 cents. The US dollar equivalent of other currencies traded, amounts to US$88,035 being bought, while US$32,489 was sold.
Highs & Lows| The highest buying rate for the US dollar dropped 10 cents to $118.95 on Wednesday. The lowest buying and the highest selling rates remained at $97.19, and $124.55 respectively, while the lowest selling rose 41 cents to $97.19. The highest buying rate for the Canadian dollar rose 50 cents to $90, the lowest buying rate remained at $71.05, the highest selling rate loss 50 cents to end at $92 and the lowest selling rate gained 40 cents to end at $86. The highest buying rate for the British Pound, rose $1.90 to $183.90, the lowest buying rate remained at $146.66, the highest selling rate climbed $2.29 to $187.83 and the lowest selling rate rose 70 cents to $177.

On Tuesday purchases by dealers of foreign currencies saw buying of the equivalent of US$84,319,871, up sharply from US$40,657,425 on Monday, while they sold the equivalent of US$76,815,510, well up on the US$34,677,307 previously.
In US dollar trading , dealers bought US$81,554,806 compared to US$36,337,858 on Monday. The buying rate for the US dollar rose 48 cents to $118.47 and US$74,978,636 was sold versus US$32,291,854 on Monday, the selling rate rose 2 cents to close at $118.74. The Canadian dollar buying rate gained 88 cents to $87.11, with dealers buying C$1,081,845 and selling C$681,338, at an average rate that rose 60 cents to $89.27. The rate for buying the British Pound climbed 28 cents to $179.40 for the purchase of £1,141,587, while £533,676 was sold, at an average rate that declined 37 cents to end at $181.50. At the end of trading, it took J$134.07 to purchase the Euro, a rise of 12 cents on Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$131.24, for a fall from Monday’s rate by 4 cents. The US dollar equivalent of other currencies traded, amounts to US$240,864 being bought, while US$508,938 was sold.
Highs & Lows| The highest buying rate for the US dollar increased 5 cents to $119.05 on Tuesday. The lowest buying, the highest selling and the lowest selling rates remained at $97.19, $124.55 and $96.78 respectively. The highest buying rate for the Canadian dollar fell 50 cents to $89.50, the lowest buying rate rose 8 cents to $71.05, the highest selling rate gained 48 cents to end at $92.50 and the lowest selling rate was up 60 cents to end at $85.60. The highest buying rate for the British Pound, fell $1.40 to $182, the lowest buying rate lost 50 cents to $146.66, the highest selling rate fell $4.17 to $185.54 and the lowest selling rate rose 30 cents to $176.30.

The selling rate for the Jamaican dollar is within smelling distance from $120 to the US dollar on Tuesday. Purchases by dealers of foreign currencies on Tuesday saw dealers buying the equivalent of US$42,927,303 in contrast to US$23,781,584 on Monday, while they sold the equivalent of US$39,419,041, previously US$27,537,023.
In US dollar trading , dealers bought US$40,544,295 compared to US$20,212,171 on Monday. The buying rate for the US dollar rose 69 cents to $117.82 and US$37,654,298 was sold versus US$26,270,588 on Monday, the selling rate rose 9 cents to close at $118.43. The Canadian dollar buying rate climbed $1.04 to $86.91, with dealers buying C$1,003,271 and selling C$587,023, at an average rate that slipped 25 cents to $88.24. The rate for buying the British Pound gained 80 cents to $177.91 for the purchase of £1,006,635, while £771,681 was sold, at an average rate that rose $1.65 to end at $180.79. At the end of trading, it took J$132.06 to purchase the Euro, an increase of 72 cents on Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.75, a fall of 10 cents on Monday’s rate. Other currencies bought, amounted to the equivalent of US$122,771, while the equivalent of US$149,320 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 30 cents to $119.15, the lowest buying and the highest selling rates remain unchanged at $96.78 and $124.01 respectively and the lowest selling rate rose $2.07 to $98.43. The highest buying rate for the Canadian dollar rose 14 cents to $89.39, the lowest buying rate fell 25 cents to $70.55 and highest selling rate added 15 cents to end at $91.62, the lowest selling rate remained unchanged at $85. The highest buying rate for the British Pound, climbed 70 cents to $182.50, the lowest buying, the highest and the lowest selling rates were unchanged at $144.09, $185.75 and $173.60 respectively.