On Tuesday, the Jamaican dollar lost value against the US dollar and the Pound but gained value against the Canadian, as authorized dealers purchased the equivalent of US$26,093,184 versus US$47,873,352, on Monday and sold the equivalent of US$27,960,599 compared with US$42,619,796 on Monday
In US dollar trading, dealers bought US$18,535,552 compared to US$41,018,591 on Monday. The buying rate for the US dollar fell 5 cents to $112.36 and US$24,597,836 was sold versus US$36,753,282 on Monday, the selling rate rose 11 cents to end at $113.01. The Canadian dollar buying rate, jumped 10 cents to $98.79 with dealers buying C$4,007,103 and selling C$1,735,342, at an average selling rate fell 8 cents, to $99.36. The rate for buying the British Pound climbed $1.72 to $177.93, for the purchase of £2,380,812, while £1,104,687 was sold, at $179.72, a rise of 66 cents. Other currencies bought, amounted to the equivalent of US$3264,45, while the equivalent of US$80,331, was sold.
Highs & Lows| The highest buying rate for the US dollar, declined 26 cents to $113.25, the lowest buying rate gained 50 cents to $92.52. The highest selling rate fell 21 cents to $117.70 and the lowest selling rate rose 17 cents $92.02. The highest buying rate for the Canadian dollar declined 15 cents, to $99.70, the lowest buying rate climbed $1.03 to $79.47, the highest selling rate inched up 50 cents to close at $102.15. The lowest selling rate gained 75 cents to $95.75. The highest buying rate for the British Pound, rose 70 cents to $180. The lowest buying rate rose $1.24 to $144.42, the highest selling rate dropped $1.10 to $183.48 and the lowest selling rate jumped $1.50 to $174.
J$ lost value against US & Pound
November 11, 2014 by