Excess foreign currency bought in 2 days

The Jamaican dollar gained a cent against the US dollar, gained value versus the Pound, but lost against the Canadian dollar, in Friday’s forex trading. Authorized dealers purchased more foreign currency than they sold, with the equivalent of US$35,748,353 bought versus US$29,361,702 on Thursday, and sold the equivalent of US$30,621,902 compared with US$27,149,495 on Thursday, the second consecutive day, this is happening.
FX sum -19-9-14In US dollar trading, dealers bought US$31,259,041 compared to US$25,904,827 on Thursday. The buying rate for the US dollar rose 1 cent to $112.37 and US$26,652,331 was sold versus US$25,054,219 on Thursday, the selling rate drifted a cent to $112.70. The Canadian dollar buying rate inched up 18 cents to $100.61 with dealers buying C$1,319,900 and selling C$486,723 at an average selling rate that put on a cent to $102.58. The rate for the British Pound moved up 79 cents to $182.15, for the purchase of £1,555,372, while £1,385,818 was sold, the rate slipped 17 cents to $184.02. Other currencies bought, amounted to the equivalent of US$786,506, while selling was for the equivalent of US$1,263,878.
FX HL 19-9-14Highs & Lows| The highest buying rate for the US dollar, rose 45 cents to $113.30. The lowest buying, the highest and lowest selling rates remained unchanged at $91.85 and $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar gained 60 cents to $103.50, the lowest buying rate rose 12 cents to $81.13. The highest selling rate is up 48 cents to $105.50. The lowest selling was down 45 cents at $97.15. The highest buying rate for the British Pound, fell 30 cents to $183.90, the lowest buying rate gained 45 cents to $146.99. The highest selling rate fell 39 cents to $188.52 and the lowest selling rate is up 25 cents to $176.80.

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