The Jamaican dollar underwent moderate changes in trading on Monday, as authorized dealers bought US$16 million more than was sold. They purchased the equivalent of US$59,284,131 versus US$35,558,566, on Friday and sold the equivalent of US$43,206,616, compared with US$33,852,780 on Friday.
In US dollar trading, dealers bought US$51,676,419 compared to US$29,263,800 on Friday. The buying rate for the US dollar gained 3 cents to $112.29 and US$38,092,548 was sold versus US$26,297,179 on Friday, the selling rate fell 1 cent to $112.67. The Canadian dollar buying rate, dived $1.06 to $98.87 with dealers buying C$5,612,540 and selling C$4,831,223, at an average selling rate that rose 11 cents, to $101.16. The rate for buying the British Pound fell back by 59 cents to $178.75, for the purchase of £1,581,380, while £418,877 was sold, at $180.93, down by 11 cents. Other currencies bought, amounted to the equivalent of US$148,806, while the equivalent of US$103,868, was sold.
Highs & Lows| The highest buying rate for the US dollar, declined 35 cents, to $112.85, the lowest buying and the highest selling rates were unchanged at $91.85 and $117.70 respectively and the lowest selling rate, dropped $1.81 to $91.85. The highest buying rate for the Canadian dollar rose 10 cents to $100.90, the lowest buying rate rose 12 cents to $79.51, the highest selling rate climbed 44 cents to $102.80. The lowest selling rate was up 15 cents to $95.80. The highest buying rate for the British Pound, jumped $6.50 to $188. The lowest buying rate rose 66 cents to $145.08, the highest selling rate climbed $3.28 to $188 and the lowest selling rate nosedived $22.62 to $151.38.
$16M more US$ bought than sold on Monday
October 27, 2014 by
[…] funds than was sold. Dealers purchased the equivalent of US$33,265,759 versus US$59,284,131, on Monday and sold the equivalent of US$40,508,881 compared with US$43,206,616 on Monday. In US dollar […]