The local dollar slipped against the US on Tuesday but was up against the Canadian dollar and mixed versus the Pound sterling, as inflows were once more higher than outflows, with the equivalent of US$32,499,886 being bought, to US$30,817,870 sold. On Monday dealers bought the equivalent of US$44,472,177 to $36,939,559 sold. In US dollar trading, dealers bought US$29,563,621 compared to US$38,400,461 on Monday as the buying rate for the US dollar rose 20 cents to $111.44 and sold US$28,277,012 versus US$33,754,880 on Monday with the rate closing up 8 cents at $111.93.
The Canadian dollar buying rate was down by 88 cents to $101.60 with dealers buying C$789,494 and selling C$497,142 as the rate fell 41 cents to end at $103.63.
The Pound closed at $187.16, for the purchase of £907,493, the rate fell 94 cents, while £801,571 was sold, with the rate rising 43 cents to $189.98. Other currencies bought, amounted to the equivalent of $692,375 while selling accounted for the equivalent of just $720,056.
Highs & Lows| The highest rate for buying the US dollar gained 5 cents to $112.40, the lowest buying rate remained unchanged at $90.81 but the highest selling rate was up 27 cents to $116.63 and the lowest was up 21 cents to $91.02.
The highest buying rate for the Canadian dollar fell 20 cents to $104.25, the lowest buying rate moved up 50 cents to $82.50, the highest selling rate rose by 15 cents to $106.15 and lowest selling rate gained 60 cents to $99.40.
The highest buying rate for the Pound lost 40 cents to $190.20 while the lowest buying rate was unchanged at $151.89. The highest selling rate increased by 32 cents to $196.13 and the lowest selling rate was up 30 cents to $183.30.
J$ drops against US dollar
June 24, 2014 by
