Inflows more than outflows as J$ falls

The local dollar lost value against all the majors on Monday even as inflows outnumbered outflows with $50 million bought to only $39.4 million sold. On Friday, dealers bought of the equivalent of US$39,803,642 with the equivalent of US$25,324,698 sold.
In US dollar trading, dealers bought US$44,649,343 compared to US$33,708,870 on Friday as the buying rate for the US dollar rose 8 cents to $111.11 and sold US$36,125,994 versus US$23,139,314 on Friday with the rate closing up a cent to $111.56.
The Canadian dollar buying rate rose 65 cents to end at $100.91 with dealers buying C$1,466,526 and selling C$1,067,452 with the rate rising 8 cents to end at $102.53.
The Pound closed at $187.24, for the purchase of £2,344,280, the rate gained 76 cents, while £1,254,031 was sold, with the rate climbing 59 cents to $188.96. Other currencies bought, amounted to the equivalent of only US$158,563 while selling accounted for the equivalent of just $174,570.
Highs & Lows| The highest rate for buying the US dollar gained 22 cents to $112, the lowest buying rate fell 34 cents to $90.26 and the highest selling rate rose by 27 cents to $116.36. The lowest selling rate declined by $17.90 to $90.60.
The highest buying rate for the Canadian dollar climbed 40 cents to $103, the lowest buying rate inched up 4 cents to $81.13, the highest selling rate was up 30 cents to $104.89 and lowest selling rate was up by 25 cents to $98.
The highest buying rate for the Pound gained 65 cents to $189.75 while the lowest buying rate rose $1.45 to $151.27. The highest selling rate rose by $1.87 to $195.01 and the lowest selling rate was up $1.75 to $182.25.