Tuesday, 17th September 2013 | Inflows into the forex market declined sharply from Monday’s good flows to end up at US$22.9 million being bought by as authorised dealers and selling of US equivalent of US$26.5 million.
The buying price for the US dollar fell slightly by 9 cents as dealers bought US$20.25 million at $101.75 and sold US$$24.27 million at 3 cents more than on Monday at $102.57. The Canadian was bought for $98.42 an increase of 79 cent as C$864,656 was purchased but selling took place for 43 cents more than on Monday at $99.73 for CS$795,050. Purchasing of the Pound amounted to £1,060,506 at an average of $161.04, a 95 cents increase and selling amounted to £825,065 at $163.56 one cent down.
There was no change in the lowest buying rate and the highest selling rate for the United States dollar, which stands at $84.34 and $108.07 respectively but the highest buying rate moved down 40 cents, the same amount it increased by on Monday to $103.10 and the lowest selling rate was up 17 cents, nothing like the $15.63 drop on Monday as the rate closed at $84.34.
Changes in the Canadian currency saw an increase of 80 cents for the highest buying rate that ended at $100.45 and 21 cents gain for the lowest buying rate, which closed at $80.26. The highest selling rate moved up 11 cents to $103.47 and 35 cents was put on the lowest at $96.70.
The British Pound was bought for 50 cents more at the highest level of $164 and a 24 cents increase to the lowest buying rate that ended at $131.80. The highest selling rate jumped 79 cents to $169.92 and the lowest was dropped $1.30 to $156.70.
