In Friday’s forex trading, the Jamaican currency was mixed against the major currencies that Jamaica trades in, with the Jamaica dollar slipping to $112.72 for selling of the US dollar by authorized dealers, compared with $112.60 the previous day.
On Friday, dealers bought the equivalent of $31,703,986 versus US$22,112,178 on Thursday and sold the equivalent of US$30,989,839 compared to US$28,577,278 sold on Thursday.
In US dollar trading, dealers bought US$26,056,055 compared to US$17,385,127 on Thursday as the buying rate for the US dollar, rose 16 cents to $112.09 and sold US$24,483,036 versus US$21,394,673 on Thursday, as the rate increased 12 cents to $112.72.
The Canadian dollar buying rate fell 11 cents, to $104.39 with dealers buying C$2,592,931 and selling C$4,951,842 as the rate fell a cent, to $106.07.
The Pound closed at $190.38, for the purchase of £1,441,619, up 6 cents, while only £746,122 was sold, with the rate shedding by 97 cents, to $192.53. Other currencies bought, amounted to the equivalent of US$784,739 while selling was the equivalent of US$572,575.
Highs & Lows| The highest rate for buying the US dollar and the lowest buying rate remained unchanged at $113.20 and $91.85 respectively and the highest selling rate fell 21 cents t0 $117.70, while the lowest selling rate jumped by $17.99 cents to $110.
The highest buying rate for the Canadian dollar declined by 10 cents, to $105.50 and the lowest buying rate was up 17 cents to $83.17, the highest selling rate rose 21 cents to $107.21 and the lowest was up 20 cents to $100.20.
The highest buying rate for the British Pound, climbed 20 cents to $193.20, while the lowest buying fell by 29 cents to $154.38 and the highest selling rate dropped $3.41 to $195.98, the lowest selling rate was down by $2.20 to $186.
J$ slips vs US dollar up on Pound
July 18, 2014 by
