Tuesday, 5th November 2013 | The US dollar softened a bit against the Jamaican dollar in Tuesday’s trading as there was more inflows than sales, while the rates for buying and selling the Canadian fell and rates for trading the British Pound rose. Authorised dealers purchased the equivalent of US$26,094,968 and sold the equivalent of US$21,786,921.
The total amount of the US currency bought was US$22,018,618 at an average rate of $104.62 up 18 cents but the amount was quite a bit more than the US$19,787,316 that was sold, with the rate ending at $105.13 down 9 cents from Monday’s rate. The Canadian currency was purchased by dealers and amounted to C$1,704,090 as the rate went down 43 cents to $99.18 and dealers sold C$797,710 at $100.86 down 9 cents. Dealers bought £1,454,265 at $166.47 up 48 cents and sold £676,898 at $169.035 up 24 cents.
Highest & Lowest |The US dollar was sold for as high as $106.20 down 30 cents and the lowest buying rate was unchanged at $85.38; so too were the highest and lowest selling rates at $109.41 and $85.17 respectively.
The highest buying rate for the Canadian dollar rose 50 cents to $102.20 while the lowest was up 37 cents to $80.51. The highest selling moved up 98 cents to $104.50 and the lowest climbed 25 cents to $97.00.
The Pound was bought as high as $173.02 for an increase of $3.52 and as low as $134.21, down 17 cents. Selling was as high as $172.11 down by $1.12 and as low as $161.70 off by 20 cents.