In foreign currencies trading in Jamaica on Wednesday, funds purchased were more than the amount sold. The local currency remained stable against the US dollar but slip against the Pound and the Canadian. The market closed with dealers buying the equivalent of US$53,053,921 in contrast to US$45,060,353 on Tuesday, while they sold the equivalent of US$50,773,942 compared to US$52,126,199 on the prior trading day.
In US dollar trading , dealers bought US$50,382,620 compared to US$42,068,702 on Tuesday. The buying rate for the US dollar remained at $117.02 and US$48,939,846 was sold versus US$47,898,141 on Tuesday, the selling rate remained at $117.42. The Canadian dollar buying rate declined 99 cents to $88.50 with dealers buying C$879,564 and selling C$1,093,634, at an average rate that rose 39 cents to $91.27. The rate for buying the British Pound rose 89 cents to $180.80 for the purchase of £1,204,124, while £498,148 was sold, at an average rate that climbed $1.22 to $182.70. At the end of trading, it took J$128.38 to purchase the Euro, with a gain of 82 cents on Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.03 for $1.06 more than on Tuesday. Other currencies bought, amounted to the equivalent of US$145,663, while the equivalent of US$208,896 was sold.
Highs & Lows| The highest buying rate for the US dollar, fell 20 cents to $117.50, the lowest buying rate lost $1.28 to $95, the highest selling rate declined 16 cents to $123.21 but the lowest selling rate dropped $19.04 to $96.11. The highest buying rate for the Canadian dollar eased 90 cents to $90.60. The lowest buying rate dipped 58 cents to $71.71, the highest selling rate fell $3.95 to $92.55 and lowest selling rate rose 60 cents $87.80. The highest buying rate for the British Pound, climbed 95 cents to $183.40, the lowest buying rate fell 29 cents to $146.79, with the highest selling rate rising $1.30 to $187.28 and the lowest selling rate gained $1.90 to $179.30.

In foreign currencies trading in Jamaica on Wednesday, funds purchased were more than the amount sold. The local currency remained stable against the US dollar but slip against the Pound and the Canadian. The market closed with dealers buying the equivalent of US$53,053,921 in contrast to US$45,060,353 on Tuesday, while they sold the equivalent of US$50,773,942 compared to US$52,126,199 on the prior trading day.
In US dollar trading , dealers bought US$50,382,620 compared to US$42,068,702 on Tuesday. The buying rate for the US dollar remained at $117.02 and US$48,939,846 was sold versus US$47,898,141 on Tuesday, the selling rate remained at $117.42. The Canadian dollar buying rate declined 99 cents to $88.50 with dealers buying C$879,564 and selling C$1,093,634, at an average rate that rose 39 cents to $91.27. The rate for buying the British Pound rose 89 cents to $180.80 for the purchase of £1,204,124, while £498,148 was sold, at an average rate that climbed $1.22 to $182.70. At the end of trading, it took J$128.38 to purchase the Euro, with a gain of 82 cents on Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.03 for $1.06 more than on Tuesday. Other currencies bought, amounted to the equivalent of US$145,663, while the equivalent of US$208,896 was sold.
Highs & Lows| The highest buying rate for the US dollar, fell 20 cents to $117.50, the lowest buying rate lost $1.28 to $95, the highest selling rate declined 16 cents to $123.21 but the lowest selling rate dropped $19.04 to $96.11. The highest buying rate for the Canadian dollar eased 90 cents to $90.60. The lowest buying rate dipped 58 cents to $71.71, the highest selling rate fell $3.95 to $92.55 and lowest selling rate rose 60 cents $87.80. The highest buying rate for the British Pound, climbed 95 cents to $183.40, the lowest buying rate fell 29 cents to $146.79, with the highest selling rate rising $1.30 to $187.28 and the lowest selling rate gained $1.90 to $179.30.