J$ lost further ground on Wednesday

The Jamaican dollar lost ground against the British pound, the US and Canadian dollars, on Wednesday as authorized dealers purchased the equivalent of US$31,732,868 versus US$30,942,384, on Tuesday, and sold the equivalent of US$31,966,559 compared with US$29,655,767 on Tuesday.
In US dollar trading, dealers bought US$28,285,332 compared to US$27,266,191 on Tuesday. The buying rate for the US dollar gained 1 cent to $112.92 and US$30,430,998 was sold versus US$27,247,706 on Tuesday. The selling rate climbed 5 cents to $113.49. The Canadian dollar buying rate declined 97 cents to $98.08 with dealers buying C$1,061,213 and selling C$835,588, at an average selling rate that rose 13 cents, to $100.44. The rate for buying the British Pound rose 83 cents to $175.89, for the purchase of £1,529,272, while £406,362 was sold, the rate climbed 87 cents to $178.21. Other currencies bought, amounted to the equivalent of US$143,573, while the equivalent of US$157,923, was sold.
Highs & Lows| The highest buying rate for the US dollar, closed 7 cents higher at $113.70, the lowest buying and highest selling rates are unchanged at $93.10 and $119.30 respectively, but the lowest selling rate rose $17.40 to $110.50. The highest buying rate for the Canadian dollar fell 5 cents to $100.80, the lowest buying rate and highest selling rates are unchanged at $80.51 and $103.79 respectively. The lowest selling rate climbed 55 cents to $97.55. The highest buying rate for the British Pound, ended up 90 cents to $179. The lowest buying rate rose $4.06 to $143.26, the highest selling rate remained unchanged at $184.68 and the lowest selling rate gained $1.65 to $174.25.