Friday, 19th July 2013 | In Friday’s forex trading the Pound recovered just about all that it lost on Thursday for the lowest selling rate as it put on $44.70 to close at $149.70 but the highest selling rate slipped by $2.93 to $158.53. The highest and lowest buy rates moved up by 55 cents and 67 cents respectively. The British Pound climbed 13 cents to $152.95 buying and the average selling rate moved up by 72 cents to $155.79.
The average rates moved up for the buying and selling of the US dollar by 14 cents and 17 cents respectively as the buying rate closed at $101.24 and the selling rate to $101.995. The buying rate for the Canadian dollar moved up by 55 cents to $96.19 but the selling rate declined by 17 cents to $98.06.
There was not much change to the highest and lowest rates for the US dollar with only the highest buying rate changing with a 5 cent decline to $102.50. The Canadian dollar climbed 9 cents and 8 cents respectively for the highest buying and lowest buying rates lost 5 cents in the highest selling rate and moved up 80 cents for the lowest selling rate which closed at $94.80.
A total of US$32.19 million was purchased and US$31.2 million sold for all currencies traded. US dollar buying was US$2 million more than the amount sold but there was more selling of Pound Sterling than purchases, the first this has happened for some time.
