In Wednesday’s forex trading, the selling rate for the Jamaican dollar was up versus the Canadian dollar but it was fairly stable against the US dollar and fell against the Pound Sterling.
Authorized dealers bought the equivalent of US$34,069,194 versus US$31,547,793 on Tuesday, and sold the equivalent of US$36,968,896 compared to US$43,845,589 on Tuesday. In US dollar trading, dealers bought US$29,576,893 compared to US$26,975,990 on Tuesday. The buying rate for the US dollar rose 9 cents to $112.33 and US$33,827,227 was sold versus US$39,677,380 on Tuesday, the selling rate was up a cent to $112.83.
The Canadian dollar buying rate declined 70 cents to $101.11 with dealers buying C$933,419 and selling C$689,558, with the selling rate rising by 62 cents to $103.61.The Pound closed at $186.93, for the purchase of £1,690,394 as the rate rose 33 cents while £1,185,147 was sold, as the rate declined by 33 cents to $188.64. Other currencies bought, amounted to the equivalent of US$839,191 while selling was the equivalent of US$527,123.
Highs & Lows| The highest rate for buying the US dollar, rose 10 cents to $113.20, the lowest buying, the highest and the lowest selling rates remained unchanged, at $91.85, $117.70 and $91.85, respectively. The highest buying rate for the Canadian dollar, climbed by 35 cents to $103.65 and the lowest buying rate remained at $81.34. The highest selling rate rose 82 cents to $106.50 and the lowest selling rate was up $1.10 to $99.10. The highest buying rate for the British Pound declined 10 cents to $189.40, the lowest buying rate fell 13 cents to $151.35. The highest selling rate fell $3.58, to $191.70 and lowest selling rate eased back by 15 cents to $182.35.
J$ gains on Pound down on Can $ stable US
August 13, 2014 by