Purchase of all currencies by dealers, amounted to the equivalent of US$29,566,209 on Tuesday compared with US$47,377,158, on Monday. Dealers sold the equivalent of US$34,947,602 versus US$47,123,153 previously, as the Jamaican was fairly stable at the end of trading.
In US dollar trading, dealers bought US$24,221,951 compared to US$43,312,675 on Monday. The buying rate for the US dollar fell 5 cents at $115.53 and US$32,246,014 was sold versus US$44,182,307 on Monday, the selling rate fell 1 cent to $116.12.
The Canadian dollar buying rate rose 4 cents to $91.43 with dealers buying C$1,356,807 and selling C$890,766, at an average rate that inched down 20 cents to $92.82. The rate for buying the British Pound climbed 1.95 to $175.89 for the purchase of £2,293,954, while £899,414, was sold, at an average rate that climbed 86 cents to $177.13. At the end of trading it took J$126.55 to purchase the Euro, 76 cents less than on Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$124.06 for 82 cents down from Monday’s rate. Other currencies bought, amounted to the equivalent of US$777,967, while the equivalent of US$617,682, was sold.
Highs & Lows| The highest buying rate for the US dollar, remained unchanged at $116.30, the lowest buying rate dropped $5.63 to $89.35, the highest selling rates rose 27 cents to and $121.98.
The lowest selling rate jumped $18.32 to $113.30. The highest buying rate for the Canadian dollar rose 15 cents to $93.65. The lowest buying rate fell 17 cents to $73.70, the highest selling rate rose 30 cents to $96.50 and the lowest selling rate fell 20 cents to $88.80. The highest buying rate for the British Pound, climbed 30 cents to $178.80, the lowest buying rate closed at $142.01, down 50 cents, the highest selling rate fell 92 cents to $182.80 with the lowest selling rate diving $6.70 to $165.
J$ mostly stable on Tuesday
June 2, 2015 by