J$ stable vs US dollar – Tuesday

Inflows of foreign exchange into the system continued to be buoyant on Tuesday with almost equal buying and selling of foreign currencies by dealers. Purchases of all currencies amounting to US$43,926,359 compared with the US$47,161,608, on Monday. Selling was for the equivalent of US$42,891,279 versus US$47,139,887 sold on Monday.
In US dollar trading, dealers bought US$38,670,944 compared to US$42,803,483 on Monday. The buying rate for the US dollar put on 12 cents to $115.20 and US$39,072,048 was sold versus US$40,580,251 on Monday, the selling rate remained at $115.59. The Canadian dollar buying rate rose 86 cents to $90.33 with dealers buying C$2,683,965, and selling C$1,674,055, at an average rate that fell $1.72 to $91.25. The rate for buying the British Pound climbed 24 cents to $176.26 for the purchase of £1,519,693, while £1,232,276 was sold, at an average rate of $178.37, up by 63 cents. At the end of trading it took J$131.24 to purchase the Euro, 18 cents less than on Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.71 for 38 cents lower than on Monday. Other currencies bought, amounted to the equivalent of US$825,594 while the equivalent of US$596,186, was sold.
Highs & Lows| The highest buying rate for the US dollar rose 15 cents to $115.95 and the lowest buying rate climbed $4.93 to $94.36. The highest selling rate remained at $121.12. The lowest selling rate fell 16 cents to $94.36. The highest buying rate for the Canadian dollar fell 20 cents to $92.50, the lowest buying rate dropped $1.02 to $72.54. The highest selling rate gained 59 cents to $95.50 and the lowest selling rate fell $1.30 to $87.40. The highest buying rate for the British Pound, dropped 30 cents to $179.10. The lowest buying rate fell 21 cents to $142.30, the highest selling rate dipped 27 cents to $183.45 and the lowest selling rate climbed $1.75 to $171.45.