The Jamaican dollar gained against the British Pound but fell versus the US and Canadian dollar on Tuesday. Purchase of all currencies by dealers, translated to US$31,812,301, compared with the US$43,325,043, on Monday, and selling of the equivalent of US$30,810,659 versus US$44,738,328 sold on Monday.
In US dollar trading, dealers bought US$27,613,916 compared to US$39,907,638 on Monday. The buying rate for the US dollar slipped 11 cents to $114.78 and US$28,053,075 was sold versus US$42,884,931 on Monday with the selling rate climbing 4 cents to $115.39. The Canadian dollar buying rate gained 64 cents to $94.26 with dealers buying C$1,498,091, and selling C$1,565,382, at an average selling rate that climbed 30 cents, to $95.98. The rate for buying the British Pound rose 66 cents to $172.38 for the purchase of £1,389,310, while £349,039 was sold, the rate dived only 7 cents to $173.76. At the end of trading it took J$134.16 to purchase the Euro, $1.59 up from Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$131.63 for a rise of $1.51 over Monday. Other currencies bought, amounted to the equivalent of US$881,603 while the equivalent of US$929,930, was sold.
Highs & Lows| The highest and the lowest buying and the highest selling rates for the US dollar, remained at $115.65, $94.10 and $120.59 respectively while lowest selling rate climbed $17.30 to $112.70. The highest buying rate for the Canadian dollar fell 80 cents to $96.20, the lowest buying rate rose 33 cents to $76.28. The highest selling rate declined by $1.01 to $98.50 and the lowest selling rate jumped $13.72 to $91.90. The highest buying rate for the British Pound, dipped $1.50 to $176. The lowest buying rate fell 21 cents to $139.94, the highest selling rate fell 27 cents to $180.40 and the lowest selling rate eased 25 cents to $168.60.
J$ slips against USD & Canadian Tuesday
January 20, 2015 by