Wednesday, 24th July 2013 | In today’s forex trading, buying of foreign currencies exceeded selling by nearly three million as authorised dealers purchased the equivalent of US$31.4 million and sold US$28.66. As far as the trading in US currency, US$25.59 million was purchased and $23 million was sold as the average rate slipped back moderately by a few cents on both for buying and selling. The Canadian dollar put on 97 cents on the buying rate and 48 cents on the selling rate. There was not much change in the average rate for the Pound.
The highest and lowest rates were relatively stable except for the Pound where the highest selling rate fell $3.66 to close at $159.51 the lowest selling rate moved up by 70 cents at $152.