The selling rate for the three main currencies against the Jamaican dollar was mixed on Friday, remaining unchanged against the US dollar, increasing for the Pound but falling for the Canadian dollar. Purchases of all currencies by dealers, translated to US$51,909,364 compared with the US$52,659,123, on Thursday and selling amounted the equivalent of US$44,032,835 versus US$48,382,955 sold on Thursday.
In US dollar trading, dealers bought US$46,629,667 compared to US$49,365,865 on Thursday. The buying rate for the US dollar fell 3 cents to $115.53 and US$41,752,070 was sold versus US$44,040,735 on Thursday, with the selling rate remaining at $115.81. The Canadian dollar buying rate climbed 62 cents to $91.12 with dealers buying C$1,769,973, and selling C$839,442, at an average rate that dropped $1.67, to $91.88. The rate for buying the British Pound rose 55 cents to $172.65 for the purchase of £2,509,615, while £767,609 was sold, at an average rate of $174.84, after rising by 23 cents. At the end of trading it took J$131.31 to purchase the Euro, 1 cent lower than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.06 for an increase of 39 cents from Thursday. Other currencies bought, amounted to the equivalent of US$133,367 while the equivalent of US$455,994, was sold.
Highs & Lows| The highest buying rate for the US dollar, shed 5 cents to $115.90 and lowest buying rate gained $5.21 to $94.36 while the highest selling rate was unchanged at $120.91. The lowest selling rate was up 10 cents to $113.10. The highest buying rate for the Canadian dollar fell $2.95 to $94, the lowest buying rate inched down 54 cents to $72.96. The highest selling rate fell $3.02 to $95.90 and the lowest selling rate dropped 60 cents to $88.40. The highest buying rate for the British Pound, dipped 40 cents to $175. The lowest buying rate eased 54 cent to $140.06, the highest selling rate gained $1.23 to $180.56 and the lowest selling rate rose $1.30 to $170.
J$ stable V US up on Can$ – Friday
January 30, 2015 by