Monday, 8th July 2013 | The Pound sterling and the Canadian dollar were mostly cheaper today versus the Jamaican dollar and the US dollar was moderately more expensive as a total amount of currencies traded was the equivalent of US$42.5 million buying while $38.6 million was sold.
In today’s Forex trading, the Jamaican dollar closed at a selling rate of $101.72 to the US dollar as the currency slowly drifts upwards, this time by 7 cents, and authorised dealers purchased the US dollar for 101.05, more than 15 cents than they did on Friday. The Canadian dollar closed at a selling rate of $96.22 down by $1.08 and authorised dealers purchased the Canadian dollar for $94.67 less than Friday by $1.28. The Pound sterling closed at a selling rate of J$152.43, an insignificant 9 cents more than Fridays close, while buying took place by authorised dealers at J$149.39, a significant $1.31 below Fridays close.
Highest rates traded in buying the currencies: For the US dollar $102.80 up 50 cents, Canadian $96.40 down 45 cents, Pound sterling $ 154.70 up 10 cents. The lowest buying rates were the US dollar $83.50 up 42 cents, Canadian $77.27 down 71 cents, Pound sterling $122.63 down $1.41.
Highest rates traded in selling the currencies: For the US dollar $107 no change, Canadian $100.53 no change from Friday, Pound sterling $159.91 up $1.91. The lowest selling rates were the US dollar $82.67 up 42 cents, Canadian $92 down $1.95, Pound sterling $ 147 down $1.
