On Friday, the Jamaican dollar lost value against the US dollars and Canadian but gained on the Pound, as authorized dealers purchased the equivalent of US$39,911,362 versus US$30,422,816, on Thursday and sold the equivalent of US$31,492,889 compared with US$27,742,500 on Thursday
In US dollar trading, dealers bought US$34,063,940 compared to US$26,257,563 on Thursday. The buying rate for the US dollar rose 11 cents to $112.48 and US$28,225,359 was sold versus US$25,344,008 on Thursday, the selling rate rose 6 cents to $112.91. The Canadian dollar buying rate, jumped 53 cents to $97.86 with dealers buying C$2,562,566 and selling C$1,377,160, at an average selling rate that rose 62 cents, to $99.12. The rate for buying the British Pound rose 60 cents to $177.61, for the purchase of £1,717,244, while £505,058 was sold, at $179.33, a fall of 3 cents. Other currencies bought, amounted to the equivalent of US$906,492, while the equivalent of US$1,256,338, was sold.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the lowest selling rates were unchanged at $113.10, $91.85 and $91.85 respectively but the highest selling rate rose 21 cents to $117.91. The highest buying rate for the Canadian dollar climbed 75 cents, to $99.55, the lowest buying rate rose 30 cents to $78.44, the highest selling rate increased $1.45 to close at $102.20. The lowest selling rate gained 35 cents to $94.50. The highest buying rate for the British Pound, inched up 25 cents to $180. The lowest buying rate rose 25 cents to $143.96, the highest selling rate fell $3.11 to $182.16 and the lowest selling rate climbed 30 cents to $173.45.
J$ declined vs. US & Can$ on Friday
November 7, 2014 by