J$ make moderate gains on Monday

The Jamaican dollar made moderate gains against the US and Canadian dollars, but lost value versus the Pound, on Monday. Authorized dealers purchased the equivalent of US$41,044,618 versus US$39,675,612 on Friday, and sold the equivalent of US$38,006,185 compared with US$33,292,725 on Friday.
In US dollar trading, dealers bought US$36,252,056 compared to US$35,055,562 on Friday. The buying rate for the US dollar fell 20 cents to $112.78 and US$35,613,463 was sold versus US$30,800,856 on Friday. The selling rate edged down 1 cent to end at $113.38. The Canadian dollar buying rate declined $1.46 to $97.72 with dealers buying C$1,766,296 and selling C$745,287, at an average selling rate that fell 55 cents, to $99.87. The rate for buying the British Pound climbed 17 cents to $175.48, for the purchase of £1,822,726, while £889,297 was sold, at the same rate of $177.41, as on Friday. Other currencies bought, amounted to the equivalent of US$426,068, while the equivalent of US$344,734, was sold.
Highs & Lows| The highest buying rate for the US dollar, closed 3 cents higher at $113.60, the lowest buying rate rose 25 cents to at $93.10. The highest selling rate remained $119.30 but the lowest selling rate dropped $15.81 to $94.69. The highest buying rate for the Canadian dollar fell 20 cents higher to $100.80, the lowest buying rate remained unchanged at $79.80, the highest selling rate climbed $1.05 to close at $103.95. The lowest selling rate climbed 85 cents to $97. The highest buying rate for the British Pound, rose 30 cents to $178.10. The lowest buying rate fell 12 cents to $143.22, the highest selling rate moved down 22 cents to $184.57 and the lowest selling rate declined 20 cents to $172.50.