Jamaican$ value rises against US dollar – Monday

The selling rate of US dollar fell against the Jamaican dollar by 5 cents on Monday, with the rate dealers bought the US dollar costing 11 cents less than the closing rate on Friday.
On Monday, Inflows of all currencies, totaled US$49.63 million, versus US$41.47 million on Friday with the selling of US$53.75 million in contrast to US$37.21 million previously traded.
In US dollar trading, dealers sold US$50.2 million at an average of J$128.76, at the close, compared to US$36.10 million at an average of J$128.81 on Friday. Purchases of the US currency by dealers, amounted to US$46.11 million at an average of $127.14 at the close, compared US$39.08 million at an average of $127.45.
At mid-day on Monday dealers purchased US$26.57 million at an average rate of J$127.84 and sold US$17.58 million at an average of J$128.65. At mid-day on Friday dealers purchased US$9.99 million at an average rate of J$127.73 and sold US$15.10 million at an average of J$128.78.
The selling rate on Monday, for the Canadian dollar rose to J$100.55 from J$98.16 at the close on Friday, the selling rate for the British Pound slipped to J$176.24 from J$176.66 previously and the euro jumped against the Jamaican dollar at J$158.23 to buy the European common currency, versus the prior selling rate of J$159.18.

Jamaican$ gains against US currency – Friday

The selling rate of US dollar fell against the Jamaican dollar by 5 cents on Friday, with the rate dealers bought the US dollar costing 5 cents less than the closing rate on Thursday.
On Friday, Inflows of all currencies, totaled US$41.47 million, versus US$36.59 million on Thursday with the selling of US$37.21 million in contrast to US$38.85 million previously traded.
In US dollar trading, dealers sold US$36.10 million at an average of J$128.81, at the close, compared to US$37.48 million at an average of J$128.86 on Thursday. Purchases of the US currency by dealers, amounted to US$39.08 million at an average of $127.45 at the close, compared US$33.45 million at an average of $127.50.
At mid-day on Friday dealers purchased US$9.99 million at an average rate of J$127.73 and sold US$15.10 million at an average of J$128.78. At mid-day on Thursday dealers purchased US$12.85 million at an average rate of J$128.07 and sold US$10.34 million at an average of J$128.95.
The selling rate on Friday, for the Canadian dollar rose to J$99.16 from J$98.25 at the close on Thursday, the selling rate for the British Pound slipped to J$176.66 from J$177.54 previously and the euro jumped against the Jamaican dollar at J$159.18 to buy the European common currency, versus the prior selling rate of J$154.53.

Jam$ rises vs non US currencies – Thursday

The Jamaican dollar made gains against the Canadian, the British and European currencies on Thursday but slipped against the US dollar on Thursday.
The selling rate of US dollar rose against the Jamaican dollar increased by 16 cents on Thursday, with the rate dealers bought the US dollar costing 38 cents less than the closing rate of the previous trading day.
On Thursday, Inflows of all currencies, totaled US$36.59 million, versus US$55.40 million on Wednesday with the selling of US$38.85 million in contrast to US$44.32 million previously traded.
In US dollar trading, dealers sold US$37.48 million at an average of J$128.86, at the close, compared to US$42.29 million at an average of J$128.70 on Wednesday. Purchases of the US currency by dealers, amounted to US$33.45 million at an average of $127.50 at the close, compared US$53.39 million at an average of $127.88.
At mid-day on Thursday dealers purchased US$12.85 million at an average rate of J$128.07 and sold US$10.34 million at an average of J$128.95.  At mid-day on Wednesday dealers purchased US$27.30 million at an average rate of J$128.80 and sold US$15.37 million at an average of J$129.08.
The selling rate on Thursday, for the Canadian dollar eased to J$98.25 from J$98.35 at the close on Wednesday, the selling rate for the British Pound slipped to J$177.54 from J$178.59 previously and the euro dived against the Jamaican dollar at J$154.53 to buy the European common currency, versus the prior selling rate of J$159.28.

Jamaican$ suffers sharp fall on Wednesday

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BOJ made US$20m available in the market through their auction system.

The selling rate of US dollar rose against the Jamaican dollar by 52 cents on Wednesday and the rate dealers bought US dollars for being 82 cents more than the closing rate on the previous trading day.
Bank of Jamaica sold US$20 million into the system by way of their BFXITT auction which was not previously publicly announced. The auction attracted bids for US$53.8 million at rates between J$127.90 for $1 million and a high of J$130 for $2 million. The previous auction was at the end of November last year.
On Wednesday, inflows of all currencies, totaled US$55.40 million, versus US$43.67 million on Tuesday with the selling of US$44.32 million in contrast to US$43.99 million previously traded.
In US dollar trading, dealers sold US$42.29 million at an average of J$128.70, at the close, compared to US$42.37 million at an average of J$128.18 on Tuesday. Purchases of the US currency by dealers, amounted to US$53.39 million at an average of $127.88 at the close, compared US$38.98 million at an average of $127.06.
At mid-day on Wednesday dealers purchased US$27.30 million at an average rate of J$128.80 and sold US$15.37 million at an average of J$129.08. At mid-day on Tuesday dealers purchased US$14.3 million at an average rate of J$126.89 and sold US$16.19 million at an average of J$127.89.
The selling rate on Wednesday, for the Canadian dollar rose to J$98.35 from J$97.52 at the close on Tuesday, the selling rate for the British Pound rose to J$178.59 from J$177.97 previously and the euro gained against the Jamaican dollar at J$159.28 to buy the European common currency, versus the prior selling rate of J$158.66.

Jamaican$ gains vs US$ on Tuesday

The selling rate of US dollar fell against the Jamaican dollar by 19 cents on Tuesday, with the rate dealers bought US dollar for 4 cents more than the closing rate at the close of the previous trading day.
On Tuesday, Inflows of all currencies, totaled US$43.67 million, versus US$55.82 million on Monday with the selling of US$43.99 million in contrast to US$55.32 million previously traded.
In US dollar trading, dealers sold US$42.37 million at an average of J$128.18 at, at the close, compared to US$51.22 million at an average of J$128.47 on Monday. Purchases of the US currency by dealers, amounted to US$38.98 million at an average of $127.06 at the close, compared US$49.73 million at an average of $127.02.
At mid-day on Tuesday dealers purchased US$14.3 million at an average rate of J$126.89 and sold US$16.19 million at an average of J$127.89. At mid-day on Monday dealers purchased US$27.95 million at an average rate of J$127.40 and sold US$20.44 million at an average of J$128.34.
The selling rate on Tuesday, for the Canadian dollar slipped to J$97.52 from J$98.06 at the close on Monday, the selling rate for the British Pound rose to J$177.97 from J$177.38 previously and the euro gained against the Jamaican dollar at J$158.66 to buy the European common currency, versus the prior selling rate of J$156.69.

More losses for Jamaican$ on Monday

The selling rate of US dollar rose against the Jamaican dollar by 7 cents on Monday, with the rate dealers bought US dollar for 55 cents more than the closing rate at the close of the previous trading day.
On Monday, inflows of all currencies, totaled US$55.82 million, versus US$36.25 million on Friday with the selling of US$55.32 million in contrast to US$42.96 million previously.
In US dollar trading, dealers sold US$51.22 million at J$128.47 each, at the close, compared to US$40.82 million at an average of J$128.40 on Friday. Purchases of the US currency by dealers, amounted to US$49.73 million at an average of $127.02 at the close, compared US$34.14 million at an average of $126.47.
At mid-day on Monday dealers purchased US$27.95 million at an average rate of J$127.40 and sold US$20.44 million at an average of J$128.34.
The selling rate on Monday, for the Canadian dollar rose to J$98.06 from J$96.87 at the close on Friday, the selling rate for the British Pound rose to J$177.38 from J$176.89 previously and the euro gained against the Jamaican dollar at J$156.69 to buy the European common currency, versus the prior selling rate of J$156.35.

Jamaican$ lost value on Friday

The selling rate of US dollar rose against the Jamaican dollar by 51 cents on Friday, with the rate dealers bought US dollar for 16 cents more than the closing rate at the close of the previous trading day.
On Friday, inflows of all currencies, totaled US$36.25 million, versus US$27.16 million on Thursday with the selling of US$42.96 million in contrast to US$35.35 million previously.
In US dollar trading, dealers sold US$40.82 million at J$128.40 each, at the close, compared to US$34.20 million at an average of J$127.99 on Thursday. Purchases of the US currency by dealers, amounted to US$34.14 million at an average of $126.47 at the close, compared US$25.25 million at an average of $126.31.
The selling rate on Friday, for the Canadian dollar dropped to J$96.87 from J$99.41 at the close on Thursday, the selling rate for the British Pound rose to J$176.89 from J$175.27 previously and the euro gained against the Jamaican dollar at J$156.35 to buy the European common currency, versus the prior selling rate of J$154.30.

Jamaican$ gains value on Thursday

The selling rate of US dollar declined against the Jamaican dollar by 16 cents on Thursday, with the rate dealers bought US dollar for 17 cents more than the closing rate at the close of the previous trading day.
On Thursday, Inflows of all currencies, totaled US$27.16 million, versus US$53.61 million on Wednesday with the selling of US$35.35 million in contrast to US$47.22 million previously.
In US dollar trading, dealers sold US$34.2 at J$127.99 at the close, compared to US$45.20 million at an average of J$128.15 on Wednesday. Purchases of the US currency by dealers, amounted to US$25.25 million at an average of $126.31 at the close, compared US$46.63 million at an average of J$126.14.
The selling rate on Thursday, for the Canadian dollar dipped to J$99.41 from J$101.52 at the close on Wednesday, the selling rate for the British Pound declined to J$175.27 from J$177.28 previously and the euro fell in value against the Jamaican dollar at J$154.30 to buy the European common currency, versus the prior selling rate of J$156.24.

Jamaican$ trades mixed on Wednesday

The selling rate of US dollar rose against the Jamaican dollar 22 cents on Wednesday, with the rate dealers bought US dollar for 4 cents less than the closing rate at the close of the previous day as supplies fell below demand.
On Wednesday, Inflows of all currencies, totaled US$53.61 million, versus US$29.01 million on Tuesday with the selling of US$47.22 million in contrast to US$36 million previously.
In US dollar trading, dealers sold US$45.20 million at an average of $128.15 at the close, compared to US$32.02 million at an average of $127.93 on Tuesday. Purchases of the US currency by dealers, amounted to US$46.63 million at an average of $126.14 at the close, compared US$26.75 million at an average of $126.19.
The selling rate on Wednesday, for the Canadian dollar dipped to J$101.52 from J$102.20 at the close on Tuesday, the selling rate for the British Pound rose to J$177.28 from J$176.87 previously and the euro fell value against the Jamaican dollar at J$156.24 to buy the European common currency, versus the prior selling rate of J$156.85.

More decline for Jamaican$ – Tuesday

The selling rate of US dollar rose against the Jamaican dollar 25 cents on Tuesday, with the rate dealers bought US dollar at rising by 13 cents from the closing rate at the close of the previous week as supplies fell below demand.
On Tuesday, Inflows of all currencies, totaled US$29.01 million, versus US$42.93 million on Monday with the selling of US$36 million in contrast to US$44.41 million previously.
In US dollar trading, dealers sold US$32.02 million at an average of $127.93 at the close, compared to US$43.35 million at an average of $127.68 on Monday. Purchases of the US currency by dealers, amounted to US$26.75 million at an average of $126.19 at the close, compared US$40.56 million at an average of $126.06.
The selling rate on Tuesday, for the Canadian dollar jumped to J$102.20 from J$98.58 at the close on Monday, the selling rate for the British Pound rose to J$176.87 from J$175.67 previously and the euro gained value against the Jamaican dollar at J$156.85 to buy the European common currency, versus the prior selling rate of J$154.74.