The buying and selling of foreign currencies in the system, were evenly matched purchases of all currencies by dealers amounting to US$37,292,575 equivalent, compared with US$38,377,465, on Tuesday and selling of the equivalent of US$38,096,238 versus US$66,929,309 on the previous trading day.
In US dollar trading, dealers bought US$35,114,776 compared to US$34,755,724 on Tuesday. The buying rate for the US dollar slipped 4 cents to $114.61 and US$36,632,413 was sold versus US$64,588,710 on Tuesday, the selling rate fell 3 cents to end at $115.10. The Canadian dollar buying rate rose 13 cents to $89.78 with dealers buying C$775,340 and selling C$542,317, at an average rate that climbed 18 cents to $92.07. The rate for buying the British Pound was unchanged at $169.31 for the purchase of £955,066, while £625,348 was sold, at an average rate of $170.58, for a fall of 5 cents. At the end of trading it took J$125.57 to purchase the Euro, 25 cents less than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$123.17 for a fall of 23 cents off Tuesday’s rate. Other currencies bought, amounted to the equivalent of US$159,442 while the equivalent of US$103,256, was sold.
Highs & Lows| The highest buying rate for the US dollar, fell $1.40 to $115.40. The lowest buying and the highest selling rates remained at $93.94 and $120.37 respectively and the lowest selling rose $1.85 to $95.79. The highest buying rate for the Canadian dollar climbed $1.45 to $93.20, the lowest buying rate rose 83 cents to $72.46, but the highest selling rate fell 20 cents to $94.28 and the lowest selling rate remained at $87.30. The highest buying rate for the British Pound, the lowest buying and lowest selling rates were unchanged at $171.30, $137.20 and $165.30 respectively, while the highest selling rate fell $1.73 to $175.14.
Buying & selling even on Wednesday
March 25, 2015 by
