In Thursday’s forex trading, funds bought by dealers, were US$6.5 million more than the amount they sold as dealers bought the equivalent of US$39,624,611 versus US$26,608,863 on Wednesday, and sold the equivalent of US$33,192,211 compared to US$28,847,941 on Wednesday.
In US dollar trading, dealers bought US$33,363,187 compared to US$22,632,506 on Wednesday. The buying rate for the US dollar rose 19 cents to $112.36 and US$29,758,889 was sold versus US$26,598,009 on Wednesday, as the rate increased by 6 cent to $112.85. The Canadian dollar buying rate rose $1.77, to $103.54 with dealers buying C$3,587,157 and selling C$2,547,374, the rate fell 58 cents to $103.86. The British Pound closed at $188.19, for the purchase of £1,423,837, as the rate dropped 99 cents while £568,086 was sold, as the rate increased 18 cents, to $191.11. Other currencies bought, amounted to the equivalent of US$571,212 while selling was the equivalent of US$126,760.
Highs & Lows| The highest rate for buying the US dollar, fell 5 cents rise to $113.25, the lowest buying, and the highest selling rates remained unchanged at $91.85 and $117.70 respectively, the lowest selling rose $1.45 to $93.30. The highest buying rate for the Canadian dollar declined 39 cents to $105.55 and the lowest buying rate lost 63 cents to $81.96. The highest selling was unchanged at $106.50 and the lowest selling rate was down 75 cents to $98.75. The highest buying rate for the British Pound remained at $191.50, the lowest buying rate declined by 42 cents to $152.47, the highest selling rate rose $1.96 to $196.56 and lowest selling rate declined $2.40 to $183.70.
J$ loss value but with more buying than selling
July 31, 2014 by