J$ loses value against all on Thursday

The Jamaican dollar lost value against all three major currencies, on Thursday with authorized dealers purchasing the equivalent of US$32,509,858 versus US$39,925,592 on Wednesday, and sold the equivalent of US$26,135,874 compared to US$42,238,712 on Wednesday.
In US dollar trading, dealers bought US$25,759,759 compared to US$32,638,029 on Wednesday. The buying rate for the US dollar fell 2 cents to $113.37 and US$22,639,166 was sold versus US$36,803,222 on Wednesday. The selling rate rose 4 cents to $114.07. The Canadian dollar buying rate fell 9 cents to $98.62 with dealers buying C$4,367,754 and selling C$2,665,178, at an average selling rate that put on 7 cents, to $99.27. The rate for buying the British Pound climbed 9 cents to $176.36, for the purchase of £1,699,564, while £661,850 was sold, the rate rose 46 cents to $178.87. At the end of trading it took J$141.59 to purchase the Euro, 10 cents more than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$138.68, an increase of 8 cents. Other currencies bought, amounted to the equivalent of US$306,962 while the equivalent of US$139,827, was sold.
Highs & Lows| The highest buying rate for the US dollar, closed 10 cents higher at $114.35, the lowest buying, the highest selling and the lowest selling rates were unchanged at $93.52, $119.84 and $111.50 respectively. The highest buying rate for the Canadian dollar slipped 15 cents to end at $99.45. The lowest buying rate closed 42 cents lower, at $78.85. The highest selling rate was unchanged at $102.19 and the lowest selling rate dipped 50 cents to $95. The highest buying rate for the British Pound, lost 50 cents to $179.30. The lowest buying and lowest selling rates were unchanged at $143.59 and $173 respectively, the highest selling rate rose $3.31 to $185.11.