J$112.20 to buy the US dollar

The Jamaican dollar selling rate increased to purchase all three major currencies the country trades in. At the end of trading it took on Monday $112.20 or 6 cents more than on Friday to buy a United States dollar even as $36.2 million were bought by dealers and only $32.7 million was sold. It took 81 cents more to buy the Canadian dollar with the selling rate closing at $105.73 and the British Pound went for $191.90 or 72 cents more than on Friday.
Overall, the total inflows of funds was slightly higher than the outflows, with the equivalent of US$43,468,700 purchased, to US$39,107,616 sold compared to the equivalent of US$32,458,785 bought and $31,869,468 sold on the previous trading day.
In US dollar trading, dealers bought US$36,202,132 compared to US$24,215,389 on Friday as the buying rate for the US dollar eased by 2 cents to $111.52 and sold US$32,694,268 versus US$26,206,729 on Friday with the rate closing up 6 cents at $112.20.
The Canadian dollar buying rate fell 54 cents to $103.80 with dealers buying C$2,680,244 and selling C$2,963,469 as the rate rose by 81 cents to end at $105.73.
The Pound closed at $189.20 for the purchase of £2,231,358, the rate rose 10 cents, while £1,183,752 was sold, the rate climbed by 72 cents to $191.90. Other currencies bought, amounted to the equivalent of US$986,303 while selling accounted for the equivalent of just US$1,596,326.
Highs & Lows| The highest rate for buying the US dollar rose 15 cents to $112.70, the lowest buying rate of $91.02 and the highest selling rate of $116.63 were unchanged at the end of trading but the lowest selling rate fell $18.19 to of $90.81.
The highest buying rate for the Canadian dollar rose 10 cents to $105.55, in the meantime the lowest buying rate rose 20 cents at $82.83, the highest selling rate rose by 14 cents to $107 and lowest selling rate climbed 80 cents to $99.80.
The highest buying rate for the British Pound increased $1.20 to $192.50 while the lowest buying rate inched up 21 cents to $152.14. The highest selling rate rose 27 cents to $196.13 and the lowest selling rate was up 5 cents to $183.30.