Friday, 31 January 2014 | The selling rate for the Jamaican dollar lost 28 cents to $107.75 as dealers sold US$21,895,645 on Friday on the ForEx market. Dealers bought US$25,844,982 at an average rate of $106.98 for a rise of 8 cents.
There was buying of C$2,903,880 as the rate climbed 52 cents to $96.27 and C$4,520,878 was sold at an average rate of $97.61, and rose by $1.11. More of the British Pound was bought than sold resulting in mixed rates as £1,800,400 was purchased at an average rate of $175.17, a fall of 81 cents and £1,211,560 was sold at $178.77 for a $1.47 increase.
Other currencies that were bought amounted the equivalent of just US$159,035 with US$276,147 sold. Overall there was buying of the equivalent of US$31,565,110 and equivalent of US$28,277,467 was sold.
Highs & Lows | The highest buying rate for the US dollar fell by 15 cents to $108.25, the lowest buying rate was unchanged at $87.68 and so were the highest selling rate of $112.35 and the low at $104.05.
The highest buying rate for the Canadian dollar fell $1.50 cents to end at $97, the lowest buying rate was gained 16 cents to end at $77.27. The highest selling rate was unchanged at $100 and the low was up by 10 cents to $93.10.
The rates for the British Pound were mixed. The highest buying rate unchanged at $178.50 and lowest buying rate went down by $3.53 to $143.18. The highest selling rate moved down by 26 cents to $181.12 while the lowest selling rate moved up by $2.5 to $172.50.
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