Monday, 24th June 2013 | All rates fell across the board on Monday in the foreign exchange market as it was on Friday as buying out numbered selling. Buying amounted to US$40.65 million US dollar equivalent and selling amounted to US$32.7 million.
The average rates for the US dollar fell 13 cents off both the buying and selling with the selling rate closing at $101.28. The Canadian dollar fell by $1.77 for the buy rate and 51 cents for the selling rate, taking the average sell rate to $96.88. The pound suffered a $2.04 decline of the buying rate to close at $152.87 and dropped 91 cents on the selling rate to end at $155.13, which increased by 38 cents to reach $154.91. The selling rate for the pound fell $1.27 to close at $156.04. The US dollar slipped marginally on both the buy and sell sides and the Canadian dollar fell 80 cents buying and $1.61 selling closing at an average of $95.60 buying and $97.39 selling.
The highest buying and selling rates also saw major changes with most declining with the minimum selling rate for the US dollars dropping back by $15.77. On Friday it had climbed by $16.35 cents to $98.60.
