J$ gains vs US & Can$ on Friday

The Jamaican dollar gained against the Canadian and US dollar but lost value with the British pound on Friday. Purchases of all currencies by dealers amounted to US$33,878,712 equivalent, compared with US$34,812,059, on Thursday and selling of the equivalent of US$37,124,006 versus US$44,531,585 on the previous trading day.
In US dollar trading, dealers bought US$31,453,510 compared to US$32,065,663 on Thursday. The buying rate for the US dollar fell 6 cents to $114.71 and US$35,820,483 was sold versus US$43,026,526 on Thursday, the selling rate slipped 8 cents to end at $115.19. The Canadian dollar buying rate fell 21 cents to $88.73 with dealers buying C$906,869 and selling C$659,826, at an average rate that declined 50 cents to $90.33. The rate for buying the British Pound rose $1.18 to $168.51 for the purchase of £928,476, while £358,850 was sold, at an average rate of $170.65, for an increase of $1.11. At the end of trading it took J$122.46 to purchase the Euro, 25 cents less than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$120.09 for an decline 33 cents over Thursday’s rate. Other currencies bought, amounted to the equivalent of US$359,844 while the equivalent of US$254,483, was sold.
Highs & Lows| The highest buying rate for the US dollar, inched down 32 cents to end at 115.48, the lowest buying and highest selling rates remained at $93.94 and $120.37 respectively, while the lowest selling rate fell back $16.33, to $96.17. The highest buying rate for the Canadian dollar rose 40 cents to $91.60, the lowest buying rate was up 25 cents at $71.46, but the highest selling rate fell $2.65 to $92.45 and the lowest selling rate rose 30 cents to $86.10. The highest buying rate for the British Pound, put on $1.55 to $171.55. The lowest buying rate rose $1.74 to $136.62, the highest selling rate fell 59 cents to $175.27 and the lowest selling rate rose 45 cents to $162.95.