J$ loses vs US gains on others Tuesday

Purchases by dealers of foreign currencies on Tuesday, resulted in the Jamaican currency selling rate slipping against the US dollar and making gains against the Canadian dollar and the British Pound. The market closed with dealers buying the equivalent of US$28,520,235 in contrast to US$50,144,764 on Monday, while they sold the equivalent of US$33,369,834, previously US$46,892,333.
In US dollar trading , dealers bought US$26,230,782 compared to US$45,236,465 on Monday. The buying rate for the US dollar rose 5 cents to $117.23 and US$31,982,978 was sold versus US$44,880,379 on Monday, the selling rate gained 7 cents to $117.93. The Canadian dollar buying rate rose 57 cents to $87.17 with dealers buying C$1,065,671 and selling C$781,360, at an average rate that fell 1 cent to $88.65. The rate for buying the British Pound dropped $1.30 to $178 for the purchase of £884,006, while £390,883 was sold, at an average rate that fell 86 cents to end at $180.38. At the end of trading, it took J$132.06 to purchase the Euro, with a fall of 21 cents from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.33, a decrease of 41 cents from Monday’s rate. Other currencies bought, amounted to the equivalent of US$154,646, while the equivalent of US$201,641 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 15 cents to $118.45, the lowest buying rate rose 30 cents to $96.53, the highest selling rate rose 32 cents to $123.69 and the lowest selling rate gained $1.95 to $98.10. The highest buying rate for the Canadian dollar dropped 50 cents to $89.30, the lowest buying rate fell 29 cents to $70.55 and highest selling rate remained at $92. The lowest selling rate rose $1 to end at $85. The highest buying rate for the British Pound, dived $2.50 to $180.50, the lowest buying rate rose 12 cents to $145.83, the highest selling rate climbed 16 cents to $188 and the lowest selling rate declined by 55 cents to $175.