J$ gains against all on Tuesday

Buying and selling of foreign currencies were evenly matched on Tuesday with purchases of all currencies by dealers, amounting to US$52,472,921 compared with the US$44,929,592, on Monday and selling amounted the equivalent of US$52,667,402 versus US$41,948,561 sold on Monday.
In US dollar trading, dealers bought US$47,894,069 compared to US$39,664,531 on Monday. The buying rate for the US dollar rose 18 cents to $115.46 and US$50,135,525 was sold versus US$39,600,050 on Monday, the selling rate fell 3 cents to $115.77. The Canadian dollar buying rate gained 34 cents to $90.34 with dealers buying C$1,006,374, and selling C$585,864, at an average rate that dipped 34 cents, to $91.99. The rate for buying the British Pound rose $1.40 to $175.06 for the purchase of £2,419,838, while £1,253,095 was sold, at an average rate of $176, a fall of 23 cents. At the end of trading it took J$131.27 to purchase the Euro, 10 cents lower than on Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.72 for a drop of 9 cents from Monday. Other currencies bought, amounted to the equivalent of US$122,408 while the equivalent of US$161,350, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 5 cents to $115.95, the lowest buying and the highest selling rates were unchanged at $94.36 and $120.91 respectively. The lowest selling rate dipped $3.15 to $91.20. The highest buying rate for the Canadian dollar fell 25 cents to $92.75, the lowest buying rate rose 42 cents at $73.46. The highest selling rate was unchanged at $94.96 and the lowest selling rate rose 50 cents to $88.50. The highest buying rate for the British Pound, rose 25 cents to $176.85. The lowest buying rate fell 67 cents to $140.89, the highest selling rate rose 34 cents to $181.63 and the lowest selling rate declined 25 cents to $169.75.