J$ makes gains against US and Canadian

In Friday’s forex trading, the Jamaican dollar made gains against the US and Canadian dollars, but lost value versus the Pound. Authorized dealers purchased more foreign currency than they sold, similar to Thursday when they bought more than the amount sold. Dealers bought the equivalent of US$46,365,635 versus US$32,981,835 on Thursday, and sold the equivalent of US$43,946,770 compared with US$29,532,263 on Thursday.
In US dollar trading, dealers bought US$41,403,298 compared to US$30,856,612 on Thursday. The buying rate for the US dollar rose 10 cents to $112.42 and US$39,207,452 was sold versus US$28,145,549 on Thursday, the selling rate fell 2 cents to $112.72.The Canadian dollar buying rate grew $1.54 to $101.58 with dealers buying C$3,288,591 and selling C$3,782,159 at an average selling rate that eased by 14 cents to $102.43.The rate for theBritish Pound rose 11 cents to $180.19, for the purchase of £1,035,975, while £624,038 was sold, the rate climbed by $1.10 to $182.96. Other currencies bought, amounted to the equivalent of US$330,247, while selling was for the equivalent of US$289,649.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying, the highest and lowest selling rates remained unchanged at $113.10, $91.85, $117.70 and $110 respectively. The highest buying rate for the Canadian dollar climbed $1.20 to $103.50, the lowest buying and the lowest selling rates remained unchanged at $80.97, and $97.55 respectively. The highest selling rate fell 96 cents to $104.54. The highest buying rate for the British Pound, gained 20 cents to $183, the lowest buying and lowest selling rates were unchanged at $145.25 and $175 respectively. The highest selling rate fell 26 cents to $186.99.