J$ slips vs US$ gains on others – Wednesday

The Jamaican dollar lost value against the US dollar but gained against the British pound and the Canadian dollar, on Wednesday. Authorized dealers purchased the equivalent of US$31,872,356 versus US$34,565,581 on Tuesday, and sold the equivalent of US$33,727,145 compared with US$33,169,744 on Tuesday.
In US dollar trading, dealers bought US$26,146,822 compared to US$29,642,890 on Tuesday. The buying rate for the US dollar rose 7 cents to $113.18 and US$30,605,638 was sold versus US$30,393,433 on Tuesday. The selling rate rose 6 cents at $113.69 The Canadian dollar buying rate fell 70 cents to $97.63 with dealers buying C$1,175,216 and selling C$870,583, at an average selling rate that declined 23 cents, to $99.01. The rate for buying the British Pound rose $1.22 to $176.80, for the purchase of £2,948,910, while £1,428,934 was sold, the rate rose 64 cents to $178.04. Other currencies bought, amounted to the equivalent of US$105,052 while the equivalent of US$125,689, was sold.
Highs & Lows| The highest buying rate for the US dollar, closed $1.02 lower at $113.93, the lowest buying rate and the highest selling rate were unchanged at $93.35 and $119.63, respectively but the lowest selling rate dropped back $17.95 to $93.10. The highest buying rate for the Canadian dollar rose 25 cents to end at $100.25. The lowest buying rate closed 8 cents higher at $79.76. The highest selling rate dived $5.87 to $102.63 and the lowest selling rate fell $1.70 to $94.30. The highest buying rate for the British Pound, dropped 15 cents to $178.80. The lowest buying rate fell 74 cents to $143.47, the highest selling rate eased 96 cents to $184.95 and the lowest selling rate fell 15 cents to $172.85.