Monday, 20th January 2014 | The level of buying foreign currencies fell to the equivalent of US$27,722,521 and the amount sold jumped to the equivalent of US$46,826,793 but all the spot rates for the three main currencies declined versus the Jamaican dollar but for the selling rate of the US dollar.
In individual currency trades, US$23,049,066 was bought by dealers for 30 cents less than on Friday at $105.95 but they sold over $20 million more than they bought at a rate that was 3 cents higher than on Friday to end at $106.90 as US$43,389,210 was sold.
The Canadian dollar lost value against the Jamaican dollar as the rate slipped by 14 cents to end at $95.70 with the purchase of $1,655,657 and selling C$936,737 at $97.41 for a 32 cent drop.
£1,748,278 was purchased at $173.85 each or 26 cents cheaper than on Friday and selling amounted to £1,444,590 at a rate that was 93 cents less to end at $176.52. Other currencies purchased amounted to the equivalent of US$309,237 with US$198,429 sold.
Highs & Lows | The highest buying rate for the US dollar increased by 5 cents to end at $107.90 and the lowest buying rate increased by 25 cents to close at $87.26. The highest selling rate closed at $111.82 for a $2.09 increase and the low fell to $87.26 and was off by $15.34.
The highest buying rate for the Canadian dollar fell by $6.75 to end at $98.30 but there was no change to the lowest buying rate of $77.85 or the highest selling rate of $101 but the low rose by 30 cents to $94.10.
The highest buying rate for the British pound was $177.65 for a 10 cents increase. The lowest buying rate climbed 79 cents to $141.60. The highest selling rate moved up by 36 cents to $179.13 and the low gained 95 cents to end at $170.60.
