The Jamaican dollar lost further value against the US dollar, on Friday but gained against the Canadian dollar and the British Pound. Authorized dealers purchased the equivalent of US$35,659,548 versus US$26,064,042 on Thursday, and sold the equivalent of US$29,494,019, compared with US$24,932,112 on Thursday.
In US dollar trading, dealers bought US$32,605,602 compared to US$23,625,487 on Thursday. The buying rate for the US dollar rose 6 cents to $112.66 and US$27,680,260 was sold versus US$23,263,499 on Thursday. The selling rate inched up 5 cents to end at $113.18. The Canadian dollar buying rate, remained unchanged at $97.46 with dealers buying C$1,296,781 and selling C$686,153, at an average selling rate that slipped 11 cents, to $99.37. The rate for buying the British Pound declined $1.16 to $174.98, for the purchase of £678,082, while £313,710 was sold, at $177.22, a fall of $1.28. Other currencies bought, amounted to the equivalent of US$878,919, while the equivalent of US$720,097, was sold.
Highs & Lows| The highest buying rate for the US dollar, closed 5 cents up to $113.40, the lowest buying and highest selling rates were unchanged at $92.52 and $118.56 respectively and the lowest selling rate fell back $18.49 to $92.01. The highest buying rate for the Canadian dollar rose 90 cents, to $100.75, the lowest buying rate fell 4 cents to $79.39, the highest selling rate closed 50 cents lower at $101.95. The lowest selling rate slipped $1.79 to $95.21. The highest buying rate for the British Pound, dropped $3.97 to $177.80. The lowest buying rate dipped 79 cents to $142.88, the highest selling rate slipped 83 cents to $181.39 and the lowest selling rate, fell 95 cents to $172.15.
J$ gains against Pound and Canadian
November 14, 2014 by