In Tuesday’s trading the Jamaican currency saw a reduction in the selling rate for the United States currency but a fall in value against the Canadian Dollar and British Pound.
On, dealers bought the equivalent of $29,935,750 versus US$42,467,751 on Monday and sold the equivalent of US$29,376,851 compared to US$33,244,982 sold on Monday. In US dollar trading, dealers bought US$26,382,733 compared to US$37,691,477 on Monday as the buying rate for the US dollar, rose 13 cents to $112.16 and sold US$26,303,408 versus US$31,281,273 on Monday, with the rate falling 6 cents to $112.57.
The Canadian dollar buying rate climbed 30 cents, to $102.54 with dealers buying C$1,033,867 and selling just C$902,104 as the rate rose 2 cents, to $104.84.
The Pound closed at $190.48, for the purchase of £1,454,877, the rate rose 82 cents, while £966,414 was sold, with the rate rising by 70 cents, to $192.84. Other currencies bought, amounted to the equivalent of US$136,925 while selling was the equivalent of just US$577,731.
Highs & Lows| The highest rate for buying the US dollar and the lowest buying rate remained unchanged at $113.10 and $92.02 respectively, but the highest selling rate fell $4.09, to close at $117.91 and the lowest selling rate rose 16 cents to $92.01. The highest buying rate for the Canadian dollar fell by 10 cents, to $105 and the lowest buying rate fell 25 cents, to $83.37, the highest selling rate fell by $1.13 to $107.48 and the lowest settled 30 cents lower at $100.45.
The highest buying rate for the British Pound, was up 45 cents to $194.20, while the lowest buying rate eased by 33 cents to $154.38 and the highest selling rate declined by 43 cents to $199.02, the lowest selling rate was down by 40 cents at $186.
J$ gains on US$, others gain
July 15, 2014 by
