Tuesday, 23 July 2013 | The level of trading in the forex market returned to normal as purchases accounted for US$30 million and amount sold was US$32 million for all currencies traded. In the day’s trading, more Pounds were sold than purchased as purchases amounted to £1.2 million versus £1.922 million sold, an equal amount of Canadian dollars were sold and bought but there was a moderate amount of US dollar sold over the amount bought.
The US dollar buying rate fell an average of 28 cents and the selling rate inched up by 3 cents. The buying rate for the US dollar climbed $1.47 to close at $97.42 and the selling rate moved up by 96 cents to $99.35. The British Pound gained 95 cents buying to reach $153.71 and selling took place for 62 cents more than on Monday, at $156.30.
The highest buying rates all fell back on the day between 18 cents in the case of the US dollar to $1.85 for the Pound. Only the Canadian dollar lowest buying rate changed, it increased by 42 cents to close at $79.35. All the highest buying rates increased from a low of 21 cents for the US dollar to a high of $1.17 for the Pound. There was no change to the lowest selling rate for the US dollar. The Canadian dollar climbed 45 cents to $95.50 and the Pound by $1.35 to $151.30.
