On Thursday, the Jamaican dollar lost value against the US dollars but gained on Canadian and the Pound, as authorized dealers purchased the equivalent of US$30,422,816 versus US$27,785,981, on Wednesday and sold the equivalent of US$27,742,500 compared with US$31,164,648 on Wednesday
In US dollar trading, dealers bought US$26,257,563 compared to US$24,785,903 on Wednesday. The buying rate for the US dollar rose 10 cents to $112.37 and US$25,344,008 was sold versus US$29,738,793 on Wednesday, the selling rate rose 5 cents to $112.85. The Canadian dollar buying rate, jumped 74 cents to $97.33 with dealers buying C$1,591,344 and selling C$1,177,257, at an average selling rate that fell 60 cents, to $98.50. The rate for buying the British Pound dropped 87 cents to $177.01, for the purchase of £1,099,934, while £437,264 was sold, at $179.36, a fall of 25 cents. Other currencies bought, amounted to the equivalent of US$1,054,289, while the equivalent of US$675,875, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 20 cents to $113.10, the lowest buying and the highest selling rates were unchanged at $91.85 and $117.70 respectively but the lowest selling rate dropped $18.15 to $91.85. The highest buying rate for the Canadian dollar lost 65 cents, to $98.80, the lowest buying rate fell 13 cents to $78.14, the highest selling rate fell 25 cents to close at $100.75. The lowest selling rate declined 15 cents to $94.15. The highest buying rate for the British Pound, dipped 35 cents to $179.75. The lowest buying rate fell 71 cents to $143.71, the highest selling rate rose 7 cents to $185.27 and the lowest selling rate declined 85 cents to $173.15.
J$ declined against US$ on Thursday
November 6, 2014 by