J$ gains against US$ on Friday

There was more selling of foreign currencies than buying on Friday with purchases of all currencies by dealers, amounting to US$44,754,611 compared with the US$37,493,058, on Thursday and selling the equivalent of US$46,877,694 versus US$31,450,866 sold on Thursday.
In US dollar trading, dealers bought US$41,196,909 compared to US$33,053,912 on Thursday. The buying rate for the US dollar rose 3 cents to $115.30 and US$44,678,972 was sold versus US$28,391,214 on Thursday, the selling rate fell 1 cent to $115.71. The Canadian dollar buying rate recovered 22 cents to $91.58 with dealers buying C$2,075,757, and selling C$1,484,449, at an average rate that rose 20 cents, to $92.48. The rate for buying the British Pound dipped 21 cents to $175.28 for the purchase of £1,166,987, while £461,462 was sold, at an average rate of $177.28, up by 20 cents. At the end of trading it took J$131.61 to purchase the Euro, 75 cents higher than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.13 for 66 cents up from Thursday. Other currencies bought, amounted to the equivalent of US$134,816 while the equivalent of US$305,423, was sold.
Highs & Lows| The highest buying rate for the US dollar, climbed 10 cents to $116, the lowest buying rate fell $3.66 to $90.70 and the highest selling rate was unchanged at $120.91. The lowest selling rate recovered $17.59 to $113.80. The highest buying rate for the Canadian dollar dived only 25 cents to $92.85, the lowest buying rate climbed 50 cents to $72.83. The highest selling rate dipped 21 cents to $94.79 and the lowest selling rate jumped $1.65 to $88.80. The highest buying rate for the British Pound, rose 30 cents to $177.80. The lowest buying rate climbed 66 cents to $142.22, the highest selling rate fell 71 cents to $181.78 and the lowest selling rate increased $3.65 to $174.20.