The slippage of the Jamaican dollar continued on Wednesday against all its main trading currencies as purchases of all currencies by dealers, amounted to US$39,727,764 equivalent, compared with US$42,569,572, on Tuesday and selling of the equivalent of US$38,332,411 versus sale of US$42,408,749, previously.
In US dollar trading, dealers bought US$34,618,052 compared to US$39,083,575 on Tuesday. The buying rate for the US dollar fell 1 cent to $115.02 and US$35,235,410 was sold versus US$39,865,854 on Tuesday, the selling rate rose 2 cents to end at $115.54.
The Canadian dollar buying rate rose 80 cents to $94.04 with dealers buying C$1,924,120 and selling C$1,243,546, at an average rate that increased $1.01 to $96.19. The rate for buying the British Pound climbed $1.60 to $174.61 for the purchase of £2,185,138, while £1,037,093 was sold, at an average rate that climbed $1.19 to $177.40. At the end of trading it took J$126.86 to purchase the Euro, $1.23 more than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$124.42 for a rise of $1.34 on Tuesday’s rate. Other currencies bought, amounted to the equivalent of US$219,391, while the equivalent of US$469,393, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 3 cents to $115.88. The lowest buying rate rose 25 cents to at $94.19. The highest selling rate remained unchanged $120.70 and the lowest selling rate dropped $16.64 to $96.16.
The highest buying rate for the Canadian dollar climbed 35 cents to $96.55. The lowest buying rate is down 87 cents to $74, the highest selling rate gained 54 cents to $98.85 and the lowest selling rate rose 20 cents to $90.50. The highest buying rate for the British Pound, rose $1.55 to $178.75, the lowest buying rate climbed 83 cents to $140.15, the highest selling rate climbed 80 cents to $181.07 with the lowest selling rate falling 35 cents to $167.50.
J$ falls most vs Pound & Canadian
April 29, 2015 by
