The slippage of the Jamaican dollar continued on Thursday against two of its main trading currencies as purchases of all currencies by dealers amounted to US$29,464,814 equivalent, compared with US$39,727,764, on Wednesday and selling of the equivalent of US$32,319,414 versus sale of US$38,332,411, previously.
In US dollar trading, dealers bought US$25,297,611 compared to US$34,618,052 on Wednesday. The buying rate for the US dollar rose 4 cents to $115.06 and US$30,716,384 was sold versus US$35,235,410 on Wednesday, the selling rate increased by 11 cents to end at $115.65. 
The Canadian dollar buying rate rose 37 cents to $94.41 with dealers buying C$1,273,867 and selling C$596,732, at an average rate that fell 9 cents to $96.10. The rate for buying the British Pound rose 16 cents to $174.77 for the purchase of £1,977,760, while £566,872, was sold, at an average rate that was up 70 cents to $178.10. At the end of trading it took J$128.83 to purchase the Euro, $1.97 more than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.32 for a rise of $1.90 on Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$117,743, while the equivalent of US$234,214, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 17 cents to $116.05. The lowest buying rate remained at $94.19. The highest selling rate rose 21 cents to $120.91 with the lowest selling rate remaining unchanged at $96.16. 
The highest buying rate for the Canadian dollar fell 15 cents to $96.40. The lowest buying rate jumped $2.15 to $76.15, the highest selling rate dropped 68 cents to $98.17 and the lowest selling rate rose 50 cents to $91. The highest buying rate for the British Pound, declined 25 cents to $178.50, the lowest buying rate climbed $2.20 to $142.35, the highest selling rate climbed 76 cents to $181.83 with the lowest selling rate falling 45 cents to $167.05.
J$ falls against US & Pound
April 30, 2015 by
