J$ slips against all on Thursday

USdollarStacks600x250 On Thursday, the Jamaican dollar slipped against the US dollar, British pound and Canadian dollar, as purchases of all currencies by dealers amounted to the equivalent of US$32,964,911 compared with US$29,494,214, on Wednesday and selling of the equivalent of US$27,642,328 versus sale of US$33,928,300, previously.
In US dollar trading, dealers bought US$28,792,177 compared to US$27,139,403 on Wednesday. The buying rate for the US dollar rose 5 cents to $115.47 and US$26,502,659 was sold versus US$31,570,143 on Wednesday, the selling rate was up 6 cents to $116.03. The Canadian dollar buying rate climbed 42 cents to $94.69 with dealers buying C$1,327,786 and selling C$713,715, at an average rate that rose 37 cents to $97.28. The rate for buying the British Pound fell 95 cents to $179.08 for the purchase of £1,915,229, while £310,883, was sold, at an average rate that rose 75 cents to $181.88. FX sum 14-5-15 At the end of trading it took J$131.66 to purchase the Euro, $1.29 more than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.06 for an increase of $1.15 on Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$130,163, while the equivalent of US$53,985, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 6 cents to $116.31. The lowest buying rate was unchanged at $94.77 and highest selling rate fell $4.46 to $121.44, while the lowest selling rate dropped $18.53 to $94.77 The highest buying rate for the Canadian dollar slipped 10 cents to $96.95. FX hl 14-5-15The lowest buying rate was up 42 cents to $76.78, the highest selling rate rose just 5 cents to $99.12 and the lowest selling rate declined by $1 to $91. The highest buying rate for the British Pound, rose 5 cents to $182.65, the lowest buying rate gained 33 cents to $146.08, the highest selling rate fell $1.41 to $186.48 with the lowest selling rate falling 44 cents to $173.56.

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