J$ down on Wednesday

Trading in the Jamaican foreign exchange market resulted in the Jamaican dollar slipping against the three majors on Wednesday. The market ended with dealers buying the equivalent of US$35,500,755 and selling US$40,719,380, in contrast to US$28,345,738 purchased and US$37,733,784 sold on Tuesday.
In US dollars trading, dealers bought US$31,719,075 compared to US$24,911,761 on Tuesday, with the buying rate for the US dollar rising 13 cents to $121.26. A total of US$37,320,280 was sold versus US$36,231,245 on Tuesday as the selling rate climbed 6 cents to $121.96. The Canadian dollar buying rate climbed $1.79 to end at $89.59 with dealers buying C$2,094,801 and selling C$1,463,405, at an average rate that rose $1.13 to $90.84. The rate for buying the British Pound climbed 98 cents to $170.13 for the purchase of £1,424,687, while £1,109,796 was sold, the rate gained $1.13 to $172.44. At the end of trading, the selling rate for Euro, rose 91 cents to close at J$134.74, from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$131.88 for a rise of 72 cents on Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$235,059 being bought, while US$739,991 was sold.
Highs & Lows| Notable changes to the highest and lowest rates the currencies traded at on Wednesday are, a fall of $18.30 in the lowest selling rate for the US dollar that ended at $99.70 and a rise of 70 cents in the highest buying rate of the Canadian dollar to $92.