J$ slippage continues on Wednesday

The Jamaican dollar fell in value against the British Pound, the US and Canadian dollars on Wednesday. Purchase of all currencies by dealers, translated to US$33,823,587, compared with the US$31,812,301, on Tuesday, and selling of the equivalent of US$31,109,776 versus US$30,810,659 sold on Tuesday.
FX sum 21-1-15 In US dollar trading, dealers bought US$29,495,536 compared to US$27,613,916 on Tuesday. The buying rate for the US dollar rose 5 cents to $114.83 and US$27,071,062 was sold versus US$28,053,075 on Tuesday, with the selling rate climbing 6 cents to $115.45. The Canadian dollar buying rate lost 17 cents to $94.09 with dealers buying C$2,013,833, and selling C$2,681,448, at an average selling rate that climbed 41 cents, to $96.39. The rate for buying the British Pound rose 23 cents to $172.61 for the purchase of £1,689,613, while £947,926 was sold, the rate climbed 70 cents to $174.46. At the end of trading it took J$133.53 to purchase the Euro, 63 cents less than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$130.83 for a fall of 79 cents from Tuesday. Other currencies bought, amounted to the equivalent of US$138,214 while the equivalent of US$367,556, was sold.
FX 21-1-15 HLHighs & Lows| The highest buying rate US dollar, climbed 15 cents to $115.80 and the lowest buying rate remained at $94.10. The highest selling rate rose 11 cents to $120.70, while the lowest selling rate dropped $18.59 to $94.11. The highest buying rate for the Canadian dollar fell 60 cents to $95.60, the lowest buying fell 29 cents to $75.99. The highest selling rate rose 50 cents to $99 and the lowest selling rate eased 35 cents to $91.55. The highest buying rate for the British Pound, dipped $1.20 to $174.80. The lowest buying rate rose 41 cents to $140.35, the highest selling rate fell 40 cents to $180 and the lowest selling rate gained 50 cents to $169.10.

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