J$ slips slightly V US$ on Monday

There was more selling of foreign currencies than buying on Monday with purchases of all currencies by dealers, amounting to US$27,990,320 compared with the US$44,754,611, on Friday and selling the equivalent of US$32,644,232 versus US$46,877,694 sold on Friday.
In US dollar trading, dealers bought US$23,883,763 compared to US$41,196,909 on Friday. The buying rate for the US dollar fell 36 cents to $114.94 and US$30,042,681 was sold versus US$44,678,972 on Friday, the selling rate rose 2 cents to $115.73. The Canadian dollar buying rate dived 82 cents to $90.76 with dealers buying C$1,704,731, and selling C$1,320,279, at an average rate that dipped 9 cents, to $92.39. The rate for buying the British Pound fell 8 cents to $175.20 for the purchase of £1,394,464, while £640,023 was sold, at an average rate of $177.25, down by 3 cents. At the end of trading it took J$131.94 to purchase the Euro, 34 cents higher than on Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.50 for 37 cents up from Friday. Other currencies bought, amounted to the equivalent of US$634,865 while the equivalent of US$567,265, was sold.
Highs & Lows| The highest buying rate for the US dollar, fell 10 cents to $115.90, the lowest buying rate gained $4.32 to $95.02 and the highest selling rate was unchanged at $120.91. The lowest selling rate gave up $17.58 to $96.22. The highest buying rate for the Canadian dollar was unchanged at $92.85, the lowest buying rate climbed 44 cents to $73.27. The highest selling rate rose 21 cents to $95 and the lowest selling rate dropped 50 cents to $88.30. The highest buying rate for the British Pound, slipped 3 cents to $177.77. The lowest buying rate climbed 29 cents to $142.51, the highest selling rate jumped $1.94 to $183.72 and the lowest selling rate decreased $2.50 to $171.70.