The Jamaica dollar lost ground against the US dollar on Wednesday with the equivalent of US$28,123,813 being bought by dealers, compared with US$39,633,518 on Tuesday, while they sold the equivalent of US$32,663,359 versus US$28,821,789 previously.
In US dollar trading , dealers bought US$23,950,737 compared to US$37,263,331 on Tuesday. The buying rate for the US dollar fell 12 cents to $118.84 and US$31,446,646 was sold versus US$26,530,020 on Tuesday, the selling rate gained 9 cents to end at $119.56. The Canadian dollar buying rate rose $1.51 to end at $90.10, with dealers buying C$1,497,531 and selling C$656,350, at an average rate that dropped 67 cents to $91.24. 
The rate for buying the British Pound increased $1.46 to $181.41 for the purchase of £1,926,701, while £380,537 was sold, at an average rate that climbed $1.08 to $182.63. At the end of trading, it took J$135.88 to purchase the Euro, with a rise of 2 cents from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.26 for a loss of 10 cents from Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$96,565 being bought, while US$134,581 was sold.
Highs & Lows| The highest buying rate for the US dollar added 5 cents on Wednesday to end at $119.80, the lowest buying rate gained 16 cents to close at $98.11, the highest selling rate ended unchanged at $126.05 and the lowest selling rate dropped $1.76 to end at $98.12. 
The highest buying rate for the Canadian dollar rose $1.50 to $93.50, the lowest buying rate fell 67 cents to be at $72.79, the highest selling rate lost $1.45 to end at $94.35 and the lowest selling rate was left at $86. The highest buying rate for the British Pound, declined 30 cents to end at $184.90. The lowest buying rate slipped $1.17 to $146.74, the highest selling rate rose $1.18 to $189.18 and the lowest selling rate closed unchanged at $176.
J$ lost more ground on Wednesday
October 14, 2015 by
