The Jamaican dollar lost value against the US dollar but gained versus the Pound and Canadian dollar, on Thursday. Authorized dealers purchased the equivalent of US$24,125,862 versus US$33,277,310 on Wednesday, and sold the equivalent of US$22,806,454 compared with US$38,330,838 on Wednesday.
In US dollar trading, dealers bought US$20,663,189 compared to US$28,763,554 on Wednesday. The buying rate for the US dollar climbed 9 cents to $112.81 and US$20,336,084 was sold versus US$35,577,230 on Wednesday. The selling rate inched up 2 cents to end at $113.34. The Canadian dollar buying rate climbed $1.52 to $98.90 with dealers buying C$2,075,214 and selling C$1,501,345, at an average selling rate fell 55 cents, to $99.84. The rate for buying the British Pound dropped $1 to $174.86, for the purchase of £987,157, while £551,314 was sold, at $177.46, down 34 cents. Other currencies bought, amounted to the equivalent of US$113,196, while the equivalent of US$284,610, was sold.
Highs & Lows| The highest buying rate for the US dollar, closed 3 cents higher at $113.52, the lowest buying rate rose 16 cents to $92.85. The highest selling rate was unchanged at $118.98 but the lowest selling rate declined 50 cents to $110.50. The highest buying rate for the Canadian dollar is 10 cents higher at $100.30, the lowest buying rate fell 34 cents and ended at $79.51, the highest selling rate was unchanged at $102.93. The lowest selling rate dropped 40 cents to $95.80. The highest buying rate for the British Pound, rose 60 cents to $178.10. The lowest buying rate rose 58 cents to $142.84, the highest selling rate moved up $1.95 to $184.15 and the lowest selling rate gained 70 cents to $172.10.
J$ loses against US$ gains on others
November 20, 2014 by