Thursday, 8th August 2013 | There was a bit more selling of foreign currency on Thursday than amounts bought. The equivalent of US$34.4 million was purchased and the equivalent of US$36.5 million was sold. The actual amount of US currency traded was $29.9 million purchased with $33.2 being million sold.
The buying rate for the US dollar eased by 7 cents to $101.16 and the selling rate moved down by 2 cents to settle at $101.83. The Canadian dollar rate for buying increased by 22 cents and selling rate moved up by 71 cents. The average rate settled at $96.21 buying and selling at $98.33. The average rate for the Pound rose by 19 cents for buying the currency which closed at $154.85 and the average selling rate rose by $1.56 to $158.08.
Authorised dealers bought the US dollar at $4.27 less at $102.10 for the highest rate but the lowest buying rate was flat at $83.67. The high for selling remain unchanged at $107.21 but the lowest rate for selling rose by $15.33 to close at $99.
The highest buying rate for the Canadian currency fell 20 cents to $98.70 while the highest selling rate decreased by 34 cents to $101.86 and the lowest buying rate fell by 40 cents to $78.68 and the lowest selling rate was down 50 cents to $94.80.
The highest buying rate for the Pound grew by 70 cents to $158.60 and lowest buying rate moved up by $1.66 to $127.41 while the highest selling rate increased by $1.24 to $164.25, there was no change in the lowest selling rate.
