Thursday, 14th November 2013 | The forex market was characterised by much more selling of foreign currency than buying as the equivalent of US$23,812,260 was bought by dealers and US$31,913,379 was sold as dealers, who racked up two days of surplus purchases, reduced their holdings ahead of the weekend.
Trading in individual currencies saw US$19,427,265 being purchased by dealers for a 35 cents reduction at $104.89 and selling of $27,808,566 at 7 cents less at $105.58 as the local currency enjoyed a rare day of appreciation. There was buying of C$983,106 for $98.59 down by $1.12 and selling of C$658,563at 9 cents off at $101.17; the British Pound traded at $168.59, which was $1.01 more than on Wednesday as £1,705,708 was purchased by dealers and £1,680,007 was sold for $170.79 up 97 cents.
Highs & Lows | The highest buying rate for the US dollar fell 20 cents to $106.65 while the lowest was unchanged at $85.50 as was the highest selling rate of $109.57; the lowest selling rate increased by $16.89 to $102.40.
The highest buying rate for the Canadian dollar was up 40 cents to $102.00 and the lowest rate was unchanged at $79.93; the highest selling rate increased 60 cents to $103.50 and the lowest fell 6 cents to $96.30.
The highest buying rate for the British Pound moved up $1.75 to $172.00 as the lowest gained $14.13 to $134.13; the highest selling rate gained $2.20 to hit $173.71 and the lowest was up 75 cents to $162.35.
