The slippage of the Jamaican dollar continued on Friday against the US dollar but it rose against the British and the Canadian currencies, Purchases of all currencies by dealers, amounted to US$34,733,786 equivalent, compared with US$29,464,814, on Thursday and selling of the equivalent of US$32,565,352 versus US$32,319,414, previously.
In US dollar trading, dealers bought US$32,036,309 compared to US$25,297,611 on Thursday. The buying rate for the US dollar rose 15 cents to $115.21 and US$30,771,394 was sold versus US$30,716,384 on Thursday, the selling rate increased by 9 cents to end at $115.74. 
The Canadian dollar buying rate dropped $1.59 to $92.82 with dealers buying only C$709,151 and selling C$563,451, at an average rate that fell 67 cents to $95.43. The rate for buying the British Pound fell $1.29 to $173.49 for the purchase of £895,063, while £403,562, was sold, at an average rate that declined by $1.87 to $176.23. At the end of trading it took J$129.59 to purchase the Euro, 76 cents more than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.99 for a rise of 67 cents on Thursday’s rate. Other currencies bought, amounted to the equivalent of US$778,324, while the equivalent of US$714,886, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 10 cents to $116.15. The lowest buying rate rose 17 cents to $94.36. The highest selling rate remained at $120.91 with the lowest selling rate rising 6 cents to $96.22. 
The highest buying rate for the Canadian dollar fell 80 cents to $95.60. The lowest buying rate declined by 62 cents to $75.53, the highest selling rate dropped 80 cents to $97.37 and the lowest selling rate remaining unchanged $91. The highest buying rate for the British Pound, declined $1.50 to $177, the lowest buying rate dipped $1.25 to $141.10, the highest selling rate dropped $1.54 to $180.29 with the lowest selling rate rising $2.95 to $170.
J$ rises vs pound & Canadian
May 1, 2015 by
