Tuesday, 25 June 2013 | Today was a big trading day in the foreign exchange market as buying amounted to the equivalent of US$39.8 million, a little less than the amount US$40.65 million purchased on Monday. Selling was the equivalent of US$39.5 million up from yesterday’s $32.7 million sold.
The average rates for the US dollar inched up 4 cents on the buy side and one cent for sales with the selling rate closing at $101.29. The Canadian dollar climbed $1.28 for the buying rate and was off 23 cents for the selling rate, taking the average sell rate to $96.65. The rate for the Pound rose $1.68 for the buying rate to close at $154.55 and was up 48 cents on the selling rate to end at $155.61.
The highest buying and selling rates fell for the US dollar while the buying rates for the Canadian climbed moderately, but the highest and lowest were down by $1 and $1.55 respectively. The highest buy rate for the pound dropped $2.10. There was no change for the lowest buying rate but the selling rates were up moderately.