In Forex trading, the total inflows of funds was more than outflows, with the equivalent of S$38,577,518 purchased to US$32,619,871 sold compared to the equivalent of US$25,437,601 bought and $28,097,173 sold on the previous trading day.
In US dollar trading, dealers bought US$33,538,397 compared to US$22,803,724 on Wednesday as the buying rate for the US dollar increased by 20 cents to $111.95 and sold US$29,180,481 versus US$25,704,876 on Wednesday, with the rate rising 8 cents to $112.39.
The Canadian dollar buying rate was up 90 cents to $103.41 with dealers buying C$1,258,480 and selling C$1,132,601 as the rate fell by 30 cents to end at $105.66.
The Pound closed at $190.12 for the purchase of £2,233,157, the rate increased by 39 cents, while £1,353,848 was sold, with the rate climbing by $1.16 to $193.28. Other currencies bought, amounted to the equivalent of US$84,491 while selling accounted for the equivalent of just US$46,361.
Highs & Lows| The highest rate for buying the US dollar fell 2 cents to $112.90, the lowest buying rate was unchanged at $91.43, the highest selling rate was up 53 cents to $117.70 but the lowest selling rate was unchanged at $91.02.
The highest buying rate for the Canadian dollar rose 45 cents to $105.95, the lowest buying rate was unchanged at $83.29, the highest selling rate rose by 43 cents to $108.07 and lowest selling rate fell $1.50 to $100.
The highest buying rate for the British Pound gained 45 cents to $193.50 while the lowest buying rate increased 83 cents to $154.01. The highest selling rate increased $3.88 to $199.72 and the lowest selling rate was up by 97 cents to $186.
Inflows out strip sales but J$ slips
July 3, 2014 by
