Wednesday, 28 August 2013 | There was buying of US$22,999,147 by authorised dealers at an average rate $101.38,which is down 5c from the prior day. US$23,330,434 sold with the selling rate down 5c to $102.04, The buying rate for the Canadian dollar was up 59c to $96.10 as C$1,258,194 was purchased and the average selling rate was up 9c to $97.65 for C$1,075,380. The Pound sterling buying rate rose by $2.03 to $158.35 as £1,681,727 was purchased and £1,444,075 was sold at an average rate of $160.08 an increase of $1.89.
Overall the equivalents of US$27 million was purchased on Wednesday and selling amounted to $26.94 million.
The US dollar was purchased as high as $102.75 an increase of 15 cents and as low as $84.04 the same rate as on Tuesday, while selling took place as high as $107.70 with no change for the day and as low as $99.80 an increase of $15.76.
The highest buying rate for the Canadian dollar was down by 70 cents to $98.80 and the lowest was the same as the previous day at $78.44. The highest selling rate was $1.32 less at $99.80 and the lowest was up 60 cents to $94.85. For the Pound, the highest buying rate climbed $1.50 to $161 and the lowest buying rate amounted to $128.65, a small decline of 8 cents as dealers sold the Pound as high as $161, a sharp $5.49 reduction but only cut the lowest rate by 15 cents to $154.