J$ gains big on the Pound & Canadian

The Jamaican dollar made big gains against the British Pound and the Canadian dollar on Monday. Purchase of all currencies by dealers, translated to US$43,325,043, compared with the US$46,887,942, on Friday, and selling of the equivalent of US$44,738,328 versus US$51,219,344 sold on Friday.
In US dollar trading, dealers bought US$39,907,638 compared to US$42,022,513 on Friday. The buying rate for the US dollar remained at $114.89 and US$42,884,931 was sold versus US$40,341,432 on Friday with the selling rate climbing 4 cents to $115.35. The Canadian dollar buying rate lost $1.71 to $93.62 with dealers buying C$1,510,308 and selling C$782,714, at an average selling rate that dropped $2.19, to $95.68. The rate for buying the British Pound dropped 92 cents to $171.72 for the purchase of £1,283,715, while £632,777 was sold, the rate dived $2.29 to $173.83. At the end of trading it took J$132.57 to purchase the Euro, 90 cents down from Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$130.11 for a decline of 91 cents from Friday. Other currencies bought, amounted to the equivalent of US$267,950 while the equivalent of US$250,533, was sold.
Highs & Lows| The highest and the lowest buying and the highest selling rates for the US dollar, remained at $115.65, $94.10 and $120.59 respectively while lowest selling rate climbed $1.71 to $95.40. The highest buying rate for the Canadian dollar rose 50 cents to $97, the lowest buying rate fell $1.24 to $75.95. The highest selling rate remained at $99.51 and the lowest selling rate dropped $15.02 to $78.18. The highest buying rate for the British Pound, climbed $2.50 to $177.50. The lowest buying rate fell 58 cents to $140.15, the highest selling rate rose $2.17 to $180.67 and the lowest selling rate fell 70 cents to $168.85.