The Jamaican dollar lost further value against the US dollar, on Thursday but gained against the Canadian dollar and the British Pound. Authorized dealers purchased the equivalent of US$26,064,042 versus US$41,244,538, on Wednesday, and sold the equivalent of US$24,932,112, compared with US$37,325,070 on Wednesday
In US dollar trading, dealers bought US$23,625,487 compared to US$36,644,475 on Wednesday. The buying rate for the US dollar dipped 1 cent to $112.60 and US$23,263,499 was sold versus US$33,587,915 on Wednesday. The selling rate inched up 4 cents to end at $113.13. The Canadian dollar buying rate, fell $1.70 to $97.46 with dealers buying C$1,049,940 and selling C$769,261, at an average selling rate that slipped 24 cents, to $99.48. The rate for buying the British Pound declined 19 cents to $176.14, for the purchase of £916,803, while £487,219 was sold, at $178.50, a fall of 52 cents. Other currencies bought, amounted to the equivalent of US$95,613, while the equivalent of US$223,393, was sold.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the highest selling rates were unchanged at $113.35, $92.52 and $118.56 respectively and the lowest selling rate rose $16.48 to $110.50. The highest buying rate for the Canadian dollar declined by 35 cents, to $99.85, the lowest buying rate rose 50 cents to $79.43, the highest selling rate closed unchanged at $102.45. The lowest selling rate jumped $1.90 to $97. The highest buying rate for the British Pound, climbed $2.57 to $181.77. The lowest buying rate dipped $7.71 to $143.67, the highest selling rate slipped 51 cents to $182.22 and the lowest selling rate, fell 50 cents to $173.10.
J$ down more against US
November 13, 2014 by