J$ gains vs Canadian & Pound – Tuesday

The Jamaican dollar continue to lose value against the US dollar but gained against the British pound and the Canadian dollar, on Tuesday. Authorized dealers purchased the equivalent of US$31,351,075 versus US$46,947,247 on Monday, and sold the equivalent of US$32,316,397 compared to US$40,489,087 on Monday.
In US dollar trading, dealers bought US$27,498,857 compared to US$42,320,091 on Monday. The buying rate for the US dollar put on 20 cents to $113.39 and US$29,712,322 was sold versus US$37,843,073 on Monday. The selling rate rose 7 cents to $113.89. The Canadian dollar buying rate rose 22 cents to $97.14 with dealers buying C$1,435,591 and selling C$785,344, at an average selling rate that erased 34 cents, to $99.04. The rate for buying the British Pound climbed 11 cents to $175.52, for the purchase of £1,434,718, while £547,510 was sold, the rate slipped 29 cents to $177.70. At the end of trading it took J$139.90 to purchase the Euro, 3 cents less than on Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$137.13, down by a cent.
Other currencies bought, amounted to the equivalent of US$401,331 while the equivalent of US$1,066,818, was sold.
Highs & Lows| The highest buying rate for the US dollar, closed 12 cents higher at $114.22, the lowest buying and the highest selling rates were unchanged at $93.52 and $119.84 respectively, but the lowest selling rate jumped $18.15 to $111.50. The highest buying rate for the Canadian dollar slipped 15 cents to end at $99.80. The lowest buying rate closed 24 cents lower, at $79.39. The highest selling rate fell 32 cents to $102.72 and the lowest selling rate dipped 35 cents to $95.65. The highest buying rate for the British Pound, gained 80 cents to $179. The lowest buying rate eased 25 cents to $143.34, the highest selling rate fell 43 cents to $184.79 and the lowest selling rate lost 30 cents to $172.70.