J$ gains vs US & pound on Thursday

The Jamaican dollar gained against the US dollar and the British pound on Thursday, but fell against the Canadian dollar. Purchases of all currencies by dealers amounted to US$34,812,059 equivalent, compared with US$34,504,017, on Wednesday and selling of the equivalent of US$44,531,585 versus US$45,168,279 on the previous trading day.
In US dollar trading, dealers bought US$32,065,663 compared to US$30,314,068 on Wednesday. The buying rate for the US dollar fell 10 cents to $114.77 and US$43,026,526 was sold versus US$41,276,338 on Wednesday, the selling rate slipped 2 cents to end at $115.27. The Canadian dollar buying rate fell 5 cents to $88.94 with dealers buying C$1,530,223 and selling C$674,393, at an average rate that rose 16 cents to $90.83. The rate for buying the British Pound dropped $2.50 to $167.33 for the purchase of £824,029, while £469,115 was sold, at an average rate of $169.54, for a loss of 62 cents. At the end of trading it took J$122.71 to purchase the Euro, 40 cents more than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$120.42 for an increase of 43 cents over Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$359,098 while the equivalent of US$283,686, was sold.
Highs & Lows| The highest buying rate for the US dollar, inched down 8 cents to end at 115.80, the lowest buying and highest selling rates remained at $93.94 and $120.37 respectively, while the lowest selling rate regained $16.28, to end back at $112.50. The highest buying rate for the Canadian dollar slipped 5 cents to $91.20, the lowest buying rate was unchanged at $71.21, but the highest selling rate rose $2.60 to $95.10 and the lowest selling rate fell $2 to $85.80. The highest buying rate for the British Pound, dived $3.10 to $170. The lowest buying rate fell $1.57 to $134.88, the highest selling rate rose $1.95 to $175.86 and the lowest selling rate fell 90 cents to $162.50.