Purchase of all currencies by dealers, amounted to the equivalent of US$23,652,668 on Wednesday compared with US$29,566,209, on Tuesday. Dealers sold the equivalent of US$30,343,409 versus US$34,947,602 previously, as the Jamaican dollar was stable against the US dollar but fell in value versus the Pound and Canadian dollar at the end of trading.
In US dollar trading, dealers bought US$21,643,631 compared to US$24,221,951 on Tuesday. The buying rate for the US dollar fell 10 cents at $115.43 and US$27,817,822 was sold versus US$32,246,014 on Tuesday, the selling rate remained at $116.12. 
The Canadian dollar buying rate fell 59 cents to $90.84 with dealers buying C$712,047 and selling C$1,155,983, at an average rate that climbed $1 to $93.82. The rate for buying the British Pound declined $1.19 to $174.71 for the purchase of £915,729, while £815,969, was sold, at an average rate that climbed 66 cents to $177.78. At the end of trading it took J$129.23 to purchase the Euro, $2.68 more than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.64 for $2.58 more Tuesday’s rate. Other currencies bought, amounted to the equivalent of US$62,758, while the equivalent of US$342,336, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 5 cents t0 $116.35, the lowest buying rate jumped $5.84 to $95.19. The highest selling and the lowest selling rates remained unchanged $121.98 and $113.30 respectively. The highest buying rate for the Canadian dollar declined 15 cents to $93.50. 
The lowest buying rate fell 54 cents to $73.16, the highest selling rate declined 30 cents to $96.20 and the lowest selling rate rose 50 cents to $89.30. The highest buying rate for the British Pound, fell 44 cents to $178.36, the lowest buying rate closed at $142.88, up 87 cents, the highest selling rate rose $1.40 to $184.20 with the lowest selling rate jumping $8.80 to $173.80.
J$ stable against US$ on Wednesday
June 3, 2015 by
