Wednesday, 22nd January 2014 | The selling rate for the US dollar that crossed J$107 yesterday, inched up further today to hit $107.20, even as the amount sold was less than the amount bought by $6 million.
Authorised dealers bought a total US$45,461,292 over $2 million less than on Tuesday for all currencies and sold the equivalent of US$41,433,607 almost $10 million less than yesterday.
Authorised dealers bought US$42,535,467 in United States currency at $106.87 for an increase of 57 cents but only sold US$36,602,246 at an average rate of $107.20, an increase 10 cents. Dealers bought C$747,162, the rate fell by $1.06 to $95.75 and C$515,646 was sold as the rate decreased by 46 cents to $97.79. The British Pound was bought at an average rate of $175.97, an increase of $2.31 as £1,256,499 was purchased, and sold £2,544,655 for more at $178.02. Other currencies bought amounted to US$187,535 with US$135,244 sold.
Highs & Lows | The highest buying rate for the US dollar increased by 5 cents to end at $108.35, the lowest buying rate was unchanged at $87.26. The highest selling rate closed at $110.94 for a $1.21 increase and the low moved down to $87.26 by $1.12.
The highest buying rate for the Canadian dollar fell 45 cents to end at $98.20 and the lowest buying rate ended up declined by 45 cents $77.90. The highest selling rate and fell $3 to $100 and the low declined by 55 cents to $93.85.
The highest buying rate for the British Pound climbed by $2.10 to $179.60 and the lowest buying rate jumped $3.41 to $145.01. The highest selling rate of $180.55, up $1.42, the lowest selling rate of moved 30 cents to $170.90.
