The Jamaican dollar recorded gains against all three main currencies it normally trades in, on Monday. Authorized dealers purchased the equivalent of US$41,860,767 versus US$35,659,548 on Friday, and sold the equivalent of US$35,129,589 compared with US$29,494,019 on Friday.
In US dollar trading, dealers bought US$36,285,855 compared to US$32,605,602 on Friday. The buying rate for the US dollar dropped 13 cents to $112.53 and US$32,952,884 was sold versus US$27,680,260 on Friday. The selling rate inched down 2 cents to end at $113.16. The Canadian dollar buying rate fell 19 cents t0 $97.27 with dealers buying C$1,989,565 and selling C$902,623, at an average selling rate that slipped 3 cents, to $99.34. The rate for buying the British Pound increased 76 cents to $175.75, for the purchase of £2,281,857, while £758,614 was sold, at $176.81, a fall of 41 cents. Other currencies bought, amounted to the equivalent of US$291,320, while the equivalent of US$199,043, was sold.
Highs & Lows| The highest buying rate for the US dollar, closed 5 cents up to $113.45, the lowest buying and lowest selling rates were unchanged at $92.52 and $92.01 respectively and the highest selling rate rose 21 cents to $118.77. The highest buying rate for the Canadian dollar rose 25 cents, to $101, the lowest buying rate fell 29 cents to $79.10, the highest selling rate closed 40 cents higher at $102.35. The lowest selling rate rose 9 cents to $95.30. The highest buying rate for the British Pound, jumped $2.20 to $180. The lowest buying rate dipped $1.12 to $141.76, the highest selling rate moved up by $1.37 to $182.76 and the lowest selling rate, fell $1.35 to $170.80.
J$ gains against all on Monday
November 17, 2014 by
