Tuesday, 21st January 2014 | The selling rate for the US dollar crossed J$107 today as a large pool of funds were sold. Buying of US dollars was less than the overall selling by more than US$3 million as dealers bought a total US$47,869,380 for all currencies and sold the equivalent of US$51,121,520.
Authorised dealers bought US$41,544,688 in United States currency at $106.30 for an increase of 36 cents and sold US$46,226,015 at an average rate of $107.10, a 20 cents increase. Dealers bought C$2,243,825 for a $1.11 increase to $96.81 and sold C$2,148,416 for an 84 cents increase to $98.25. The British Pound was bought at an average rate of $173.66, 19 cents down as £2,487,829 was purchased, and sold £1,667,592 for 28 more at $176.81. Other currencies bought amounted to US$217,091 with US$171,510 sold.
Highs & Lows | The highest buying rate for the US dollar increased by 40 cents to end at $108.30, the lowest buying rate was unchanged at $87.26. The highest selling rate closed at $109.73 for a $2.09 decrease and the low moved up to $88.38 by $1.12.
The highest buying rate for the Canadian dollar gained 35 cents to end at $98.65 and the lowest buying rate ended up increasing by 46 cents $78.31. The highest selling rate and was up $2 to 103 and the low rose by 30 cents to $94.40.
The highest buying rate for the British Pound slipped by 15 cents to $177.50. There were no change for lowest buying rate of $141.60, the highest selling rate of $179.13 or the lowest selling rate of $170.60.
