J$ racing lower vs US on Wednesday

The Jamaican dollar declined further against the US on Wednesday as trading ended with the equivalent of US$29,454,444 bought by dealers, compared with US$28,126,519 on Tuesday, while they sold the equivalent of US$38,709,609, versus US$27,742,141 previously.
In US dollar trading , dealers bought US$27,318,495 compared to US$24,426,414 on Tuesday. The buying rate for the US dollar rose 25 cents to $118.31 and US$37,086,688 was sold versus US$26,566,997 on Tuesday, the selling rate rose 14 cents to close at $118.96. The Canadian dollar buying rate rose 38 cents to $87.01, with dealers buying C$987,645 and selling C$854,933, at an average rate that added 75 cents to $89.55. The rate for buying the British Pound fell $2.36 to $178.69 for the purchase of £882,108, while £446,384 was sold, at an average rate that dropped $1.28 to end at $181.43. At the end of trading, it took J$132.29 to purchase the Euro, with a fall by 72 cents on Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.48, for a decline of 70 cents from Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$77,228 being bought, while US$298,488 was sold.
Highs & Lows| The highest buying rate for the US dollar jumped $1.42 cents to $120.50 on Wednesday. The lowest buying rate and the highest selling rate remained at $97.28 and $124.66 respectively and the lowest selling rate jumped $18.02 to $115.30. The highest buying rate for the Canadian dollar jumped $1.30 to $90.50, the lowest buying rate rose 8 cents to end at $71.46, the highest selling rate declined 96 cents to end at $92.13 and the lowest selling rate remained unchanged at $85.50. The highest buying rate for the British Pound, gained 80 cents to $184, the lowest buying rate slipped 92 cents to $147.24, the highest selling rate climbed $1.66 to $189.82 and the lowest selling rate dropped $2 to $175.50.