The Jamaican dollar continues to made gains against the major currencies on Wednesday as purchases of all currencies by dealers ended at US$32,011,020 equivalent, compared with US$32,466,669, on Tuesday and selling of the equivalent of US$35,962,081 versus US$53,440,863 on the previous trading day.
In US dollar trading, dealers bought US$30,387,092 compared to US$27,214,911 on Tuesday. The buying rate for the US dollar rose 2 cents to $114.98 and US$34,263,115 was sold versus US$50,104,155 on Tuesday, the selling rate fell 3 cents to end at $115.48 The Canadian dollar buying rate dropped 74 cents to $88.86 with dealers buying C$614,839 and selling C$537,751, at an average rate that advanced 36 cents to $91.42. The rate for buying the British Pound dipped $1.75 to $170.91 for the purchase of £694,383, while £517,462 was sold, at an average rate of $173.51, for a decline of 29 cents. At the end of trading it took J$123.68 to purchase the Euro, $1.62 less than on Tuesday , according to data from Bank of Jamaica, while dealers purchased the European common currency at J$121.24 for a decline of $1.64 from Tuesday . Other currencies bought, amounted to the equivalent of US$116,629 while the equivalent of US$495,771, was sold.
Highs & Lows| The highest buying rate for the US dollar, declined 10 cents to $115.65, the lowest buying and the highest selling rates remained at $94.36 and $120.91 respectively. The lowest selling rate dived $16.78, to end at $96.22. The highest buying rate for the Canadian dollar rose 40 cents to $92, the lowest buying rate fell 25 cents to $72.46. The highest selling rate was unchanged at $94 and the lowest selling rate declined by 60 cents to $87. The highest buying rate for the British Pound, dropped 5 cents to $174.05. The lowest buying rate dropped 20 cents to $139.61, the highest selling rate dipped $1.24 to $179 and the lowest selling rate fell 25 cents to $168.20.
J$ continues to gain on Wednesday
JS gains against all on Monday
The Jamaican dollar made gains against all the major currencies on Monday. Purchases of all currencies by dealers ended at US$48,094,326 equivalent, compared with US$31,958,706, on Friday and selling of the equivalent of US$43,693,594 versus US$29,239,805 on the previous trading day.
In US dollar trading, dealers bought US$43,116,978 compared to US$27,386,186 on Friday. The buying rate for the US dollar fell 6 cents to $115.02 and US$41,972,897 was sold versus US$26,162,679 on Friday, the selling rate fell 3 cents to end at $115.52 The Canadian dollar buying rate dropped 51 cents to $89.84 with dealers buying C$1,539,237 and selling C$773,159, at an average rate that declined 57 cents to $91.73. The rate for buying the British Pound dipped 20 cents to $173.83 for the purchase of £2,368,918, while £650,111 was sold, at an average rate of $174.14, for a decline of $1.28. At the end of trading it took J$125.51 to purchase the Euro, $1.97 less than on Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$123.12 for a decline of $1.91 from Friday. Other currencies bought, amounted to the equivalent of US$195,032 while the equivalent of US$126,841, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 5 cents to $115.85, the lowest buying and the highest selling rates remained at $94.36 and $120.91 respectively. The lowest selling rate dived $22.65 to $90.35. The highest buying rate for the Canadian dollar dropped $2.10 to $91.90, the lowest buying rate fell 29 cents to $73.04. The highest selling rate fell 47 cents to $94.53 and the lowest selling rate declined by 35 cents to $88. The highest buying rate for the British Pound, dropped $1.33 to $176.97. The lowest buying rate dropped 75 cents to $140.27, the highest selling rate rose $1.51 to $180.83 and the lowest selling rate fell 90 cents to $169.
Gains allround for the J$ on Friday
The Jamaican dollar made gains against all the major currencies on Friday. Purchases of all currencies by dealers ended at US$31,958,706 equivalent compared with US$30,479,664, on Thursday and selling of the equivalent of US$29,239,805 versus US$33,875,356 on the previous trading day.
In US dollar trading, dealers bought US$27,386,186 compared to US$26,732,122 on Thursday. The buying rate for the US dollar was unchanged at $115.08 and US$26,162,679 was sold versus US$31,619,074 on Thursday, the selling rate fell 3 cents to end at $115.55 The Canadian dollar buying rate dropped 22 cents to $90.35 with dealers buying C$1,034,489 and selling C$453,721, at an average rate that declined 28 cents to $92.30. The rate for buying the British Pound dipped 50 cents to $174.03 for the purchase of £1,328,151, while £1,218,105 was sold, at an average rate of $175.42, for a decline of 24 cents. At the end of trading it took J$127.48 to purchase the Euro, 44 cent less than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$125.03 for a decline of 40 cents from Thursday. Other currencies bought, amounted to the equivalent of US$1,751,867 while the equivalent of US$865,555, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 5 cents to $115.80, the lowest buying and the highest selling rates remained at $94.36 and $120.91 respectively. The lowest selling rate fell 50 cents to $113. The highest buying rate for the Canadian dollar rose $1.50 cents to $94, the lowest buying rate rose 29 cents to $73.33. The highest selling rate gained 9 cents to $95 and the lowest selling rate was up 35 cents to $88.35. The highest buying rate for the British Pound, climbed $1.55 to $178.30. The lowest buying rate dropped 99 cents to $141.02, the highest selling rate declined $3.76 to $179.32 and the lowest selling rate fell $1.20 to $169.90.
J$ stable against US dollar on Thursday
The Jamaican dollar was stable against the US Dollar, gained value on Thursday versus the British pound but declined against the Canadian dollar. Purchases of all currencies by dealers ended at US$30,479,664 equivalent compared with US$36,518,886, on Wednesday and selling of the equivalent of US$33,875,356 versus US$38,523,072 on the previous trading day.
In US dollar trading, dealers bought US$26,732,122 compared to US$30,375,504 on Wednesday. The buying rate for the US dollar gained 3 cents to end at $115.08 and US$31,619,074 was sold versus US$34,883,857 on Wednesday, the selling rate was unchanged at $115.58. The Canadian dollar buying rate dropped $1.30 to $90.57 with dealers buying C$846,123 and selling C$533,240, at an average rate that climbed 26 cents to $92.58. The rate for buying the British Pound dipped $1.15 to $174.53 for the purchase of £1,387,023, while £726,166 was sold, at an average rate of $175.66, for a decline of $1.48. At the end of trading it took J$127.92 to purchase the Euro, $1.35 lower than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$125.42 for a decline of $1.53 from Wednesday. Other currencies bought, amounted to the equivalent of US$978,170 while the equivalent of US$725,529, was sold.
Highs & Lows| The highest buying rate for the US dollar, fell 25 cents to $115.75, the lowest buying and the highest selling rates remained at $94.36 and $120.91 respectively. The lowest selling rate rose 50 cents to $113.50. The highest buying rate for the Canadian dollar declined $1.50 cents to $92.50, the lowest buying rate rose 8 cents to $73.04. The highest selling rate fell 70 cents to $94.91 and the lowest selling rate was up 10 cents to $88. The highest buying rate for the British Pound, climbed 73 cents to $176.75. The lowest buying rate rose $2.28 to $142.01, the highest selling rate gained $3.11 to $183.08 and the lowest selling rate rose $2.75 to $171.10.
J$ stable against US$ on Wednesday
The Jamaican dollar gained value on Wednesday against the US Dollar and the British pound but declined versus the Canadian dollar. Purchases of all currencies by dealers fell sharply from the previous two days at US$36,518,886 compared with the US$51,807,330, on Tuesday and selling of the equivalent of US$38,523,072 versus US$55,758,481 on the prior trading day.
In US dollar trading, dealers bought US$30,375,504 compared to US$45,557,294 on Tuesday. The buying rate for the US dollar fell by 19 cents to end at $115.05 and US$34,883,857 was sold versus US$51,146,506 on Tuesday, the selling rate was unchanged at $115.58. The Canadian dollar buying rate rose 8 cents to $91.87 with dealers buying C$5,061,301 and selling C$3,684,928, at an average rate that climbed 9 cents to $92.32. The rate for buying the British Pound rose 6 cents to $175.68 for the purchase of £1,266,526, while £377,480 was sold, at an average rate of $177.15, for a decline of 47 cents. At the end of trading it took J$129.27 to purchase the Euro, 14 cents down from Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.95 for 4 cents more than on Tuesday. Other currencies bought, amounted to the equivalent of US$167,908 while the equivalent of US$117,410, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 20 cents to $116, the lowest buying and the highest selling rates remained at $94.36 and $120.91 respectively. The lowest selling rate jumped $18.64 to $113. The highest buying rate for the Canadian dollar climbed $1.40 cents to $94, the lowest buying rate fell 16 cents to $72.96. The highest selling rate gained 61 cents to $95.61 and the lowest selling rate fell 20 cents to $87.90. The highest buying rate for the British Pound, dipped $1.48 to $176.02. The lowest buying rate fell $2.74 to $139.73, the highest selling rate fell $3.70 to $179.97 and the lowest selling rate declined $3.30 to $168.35.
J$ loses against pound & Can$ – Tuesday
The Jamaican dollar lost value on Tuesday against the Canadian Dollar and the British pound but was virtually stable versus the US dollar. Purchases of all currencies by dealers amounted to US$51,807,330 compared with the US$47,429,215, on Monday and selling of the equivalent of US$55,758,481 versus US$48,069,553 on the prior trading day.
In US dollar trading, dealers bought US$45,557,294 compared to US$43,879,394 on Monday. The buying rate for the US dollar increased by 15 cents to end at $115.24 and US$51,146,506 was sold versus US$46,156,443 on Monday, the selling rate fell 2 cents to $115.58 The Canadian dollar buying rate rose $1.58 to $91.79 with dealers buying C$4,543,331 and selling C$3,944,987, at an average rate that climbed 20 cents to $92.23. The rate for buying the British Pound rose 34 cents to $175.62 for the purchase of £1,592,311, while £751,710 was sold, at an average rate of $177.62, up 26 cents. At the end of trading it took J$129.42 to purchase the Euro, 29 cents down from Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.91 for 31 cents less than on Monday. Other currencies bought, amounted to the equivalent of US$204,288 while the equivalent of US$308,994, was sold.
Highs & Lows| The highest buying rate for the US dollar, fell 20 cents to $115.80, the lowest buying and the highest selling rates remained at $94.36 and $120.91 respectively. The lowest selling rate dropped $1.86 to $94.36. The highest buying rate for the Canadian dollar dived 40 cents to $92.60, the lowest buying rate climbed $1.24 to $73.12. The highest selling rate gained 95 cents to $95 and the lowest selling rate put on $1.50 to $88.10. The highest buying rate for the British Pound, jumped $3.50 to $177.50. The lowest buying rate was up $3.03 to $142.47, the highest selling rate gained $3.91 to $183.67 and the lowest selling rate increased $3.95 to $171.65.
J$ gains against all on Monday
the Jamaican dollar gained in value on Monday against the three major currencies it trade in. Purchases of all currencies by dealers amounted to US$47,429,215 compared with the US$41,792,863, on Friday and selling of the equivalent of US$48,069,553 versus US$42,252,844 on the prior trading day.
In US dollar trading, dealers bought US$43,879,394 compared to US$36,360,074 on Friday. The buying rate for the US dollar lost 6 cents to end at $115.09 and US$46,156,443 was sold versus US$39,309,385 on Friday, the selling rate fell 4 cents to $115.60 The Canadian dollar buying rate dropped $1.83 to $90.21 with dealers buying C$1,489,297, and selling C$732,910, at an average rate that fell 61 cents to $92.03. The rate for buying the British Pound dipped $1.43 to $175.28 for the purchase of £1,417,030, while £477,617 was sold, at an average rate of $177.36, down $1.27. At the end of trading it took J$129.71 to purchase the Euro, 9 cents up from Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.22 for a 6 cents less than on Friday. Other currencies bought, amounted to the equivalent of US$224,205 while the equivalent of US$596,841, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 20 cents to $116, the lowest buying and the highest selling rates remained at $94.36 and $120.91 respectively. The lowest selling rate dropped 17 cents to $96.22. The highest buying rate for the Canadian dollar dived $3.20 to $93, the lowest buying rate fell $1.37 to $71.88. The highest selling rate fell $2.95 to $94.05 and the lowest selling rate fell 65 to $86.60. The highest buying rate for the British Pound, dropped $4.10 to $174. The lowest buying rate fell $3.44 to $139.44, the highest selling rate lost $2.10 to $179.76 and the lowest selling rate declined $4.45 to $167.70.
Selling exceeds buying by US$15m – Thursday
Purchases of all currencies by dealers amounting to US$36,782,160 compared with the US$42,869,906, on Wednesday nearly US$15 million more than selling of the equivalent of US$51,379,595 versus US$41,114,060 sold on Wednesday.
In US dollar trading, dealers bought US$31,445,586 compared to US$36,345,296 on Wednesday. The buying rate for the US dollar lost 3 cents to $115.12 and US$49,329,254 was sold versus US$38,634,332 on Wednesday, the selling rate fell 1 cent to $115.59. The Canadian dollar buying rate dropped 59 cents to $90.69 with dealers buying C$1,219,191, and selling C$597,637, at an average rate that dipped 12 cents to $92.25. The rate for buying the British Pound climbed 92 cents to $177.04 for the purchase of £2,670,775, while £924,411 was sold, at an average rate of $178.64, up 52 cents. At the end of trading it took J$131.30 to purchase the Euro, 25 cents more than on Wednesday , according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.82 for 18 cents more than on Wednesday . Other currencies bought, amounted to the equivalent of US$268,778 while the equivalent of US$144,804, was sold.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the highest selling rates remained at $115.80, $94.36 and $120.91 respectively. The lowest selling rate jumped $22.75 to $113.50. The highest buying rate for the Canadian dollar remained at $93, the lowest buying rate rose $1.32 to $73.70. The highest selling rate was unchanged at $95.26 and the lowest selling rate fell $11.69 to $75.51 The highest buying rate for the British Pound, slipped 50 cents to $178.90. The lowest buying rate climbed 66 cents to $143.42, the highest selling rate gained $1.74 to $184.90 and the lowest selling rate climbed 50 cents to $172.50.
J$ holding against US dollar – Wednesday
Inflows of foreign exchange into the system continued to be buoyant on Wednesday with slightly more buying than selling of foreign currencies by dealers. Purchases of all currencies amounting to US$42,869,906 compared with the US$43,926,359, on Tuesday. Selling was for the equivalent of US$41,114,060 versus US$42,891,279 sold on Tuesday.
In US dollar trading, dealers bought US$36,345,296 compared to US$38,670,944 on Tuesday. The buying rate for the US dollar lost 5 cents to $115.15 and US$38,634,332 was sold versus US$39,072,048 on Tuesday, the selling rate put on 1 cent to $115.60. The Canadian dollar buying rate rose 95 cents to $91.28 with dealers buying C$1,526,264, and selling C$1,396,081, at an average rate that rose $1.12 to $92.37. The rate for buying the British Pound dipped 14 cents to $176.12 for the purchase of £3,346,852, while £410,120 was sold, at an average rate of $178.12, a fall of 25 cents. At the end of trading it took J$131.05 to purchase the Euro, 20 cents less than on Tuesday , according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.64 for 7 cents less than on Tuesday . Other currencies bought, amounted to the equivalent of US$195,963 while the equivalent of US$732,265, was sold.
Highs & Lows| The highest buying rate for the US dollar declined 15 cents to $115.80 and the lowest buying rate remained at $94.36. The highest selling rate fell 21 cents to $120.91. The lowest selling rate fell $3.61 to $90.75. The highest buying rate for the Canadian dollar rose 50 cents to $93, the lowest buying rate dropped 16 cents to $72.38. The highest selling rate lost 24 cents to $95.26 and the lowest selling rate fell 20 cents to $87.20. The highest buying rate for the British Pound, rose 30 cents to $179.40. The lowest buying rate climbed 46 cents to $142.76, the highest selling rate dipped 29 cents to $183.16 and the lowest selling rate climbed 55 cents to $172.
J$ stable vs US dollar – Tuesday
Inflows of foreign exchange into the system continued to be buoyant on Tuesday with almost equal buying and selling of foreign currencies by dealers. Purchases of all currencies amounting to US$43,926,359 compared with the US$47,161,608, on Monday. Selling was for the equivalent of US$42,891,279 versus US$47,139,887 sold on Monday.
In US dollar trading, dealers bought US$38,670,944 compared to US$42,803,483 on Monday. The buying rate for the US dollar put on 12 cents to $115.20 and US$39,072,048 was sold versus US$40,580,251 on Monday, the selling rate remained at $115.59. The Canadian dollar buying rate rose 86 cents to $90.33 with dealers buying C$2,683,965, and selling C$1,674,055, at an average rate that fell $1.72 to $91.25. The rate for buying the British Pound climbed 24 cents to $176.26 for the purchase of £1,519,693, while £1,232,276 was sold, at an average rate of $178.37, up by 63 cents. At the end of trading it took J$131.24 to purchase the Euro, 18 cents less than on Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.71 for 38 cents lower than on Monday. Other currencies bought, amounted to the equivalent of US$825,594 while the equivalent of US$596,186, was sold.
Highs & Lows| The highest buying rate for the US dollar rose 15 cents to $115.95 and the lowest buying rate climbed $4.93 to $94.36. The highest selling rate remained at $121.12. The lowest selling rate fell 16 cents to $94.36. The highest buying rate for the Canadian dollar fell 20 cents to $92.50, the lowest buying rate dropped $1.02 to $72.54. The highest selling rate gained 59 cents to $95.50 and the lowest selling rate fell $1.30 to $87.40. The highest buying rate for the British Pound, dropped 30 cents to $179.10. The lowest buying rate fell 21 cents to $142.30, the highest selling rate dipped 27 cents to $183.45 and the lowest selling rate climbed $1.75 to $171.45.
