The Jamaican dollar recorded gains against the British Pound but lost value versus the US and Canadian dollars on Tuesday. Authorized dealers purchased the equivalent of US$31,456,476 versus US$41,860,767 on Monday, and sold the equivalent of US$34,496,767 compared with US$35,129,589 on Monday.
In US dollar trading, dealers bought US$27,663,380 compared to US$36,285,855 on Monday. The buying rate for the US dollar climbed 17 cents to $112.70 and US$31,954,441 was sold versus US$32,952,884 on Monday. The selling rate inched up 7 cents to end at $113.23. The Canadian dollar buying rate climbed $1.45 to $98.72 with dealers buying C$2,227,276 and selling C$1,784,742, at an average selling rate that was up 27 cents, to $99.61. The rate for buying the British Pound dropped $1.29 to $174.46, for the purchase of £1,044,071, while £424,070 was sold, at $176.43, a fall of 37 cents. Other currencies bought, amounted to the equivalent of US$225,880, while the equivalent of US$311,426, was sold.
Highs & Lows| The highest buying rate for the US dollar, closed unchanged at $113.45, the lowest buying rate gained 17 cents to $92.69. The highest selling rate was unchanged at $118.77 but the lowest selling rate rose $2.33 to $94.34. The highest buying rate for the Canadian dollar fell 80 cents, to $100.20, the lowest buying rate rose 75 cents to $79.85, the highest selling rate closed 37 cents higher at $102.72. The lowest selling rate rose 70 cents to $96. The highest buying rate for the British Pound, dipped $1.35 to $178.75. The lowest buying rate gained 50 cents to $142.26, the highest selling rate moved up by $2.89 to $185.65 and the lowest selling rate, increased 60 cents to $171.40.
J$ gains on pound loses against others
November 18, 2014 by
