On Monday, the Jamaican dollar held firm against the US dollar, gained on the British pound and the Canadian dollar, as purchases of all currencies by dealers amounted to the equivalent of US$81,922,835 compared with US$29,862,314, on Friday and selling of the equivalent of US$75,530,417 versus sale of US$29,000,152, previously.
In US dollar trading, dealers bought US$79,149,402 compared to US$26,604,631 on Friday. The buying rate for the US dollar rose 25 cents to $115.82 and US$73,608,891 was sold versus US$27,054,347 on Friday, the selling rate was unchanged at $116.10.
The Canadian dollar buying rate slipped $1.43 to $93.17 with dealers buying C$979,814 and selling C$901,592, at an average rate that declined 15 cents to $96.46. The rate for buying the British Pound fell $1.67 to $178.86 for the purchase of £1,199,567, while £653,972, was sold, at an average rate that slipped 35 cents to $182.20. At the end of trading it took J$132.83 to purchase the Euro, 78 cents more than on Friday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$130.25 for an increase of 81 cents on Friday’s rate. Other currencies bought, amounted to the equivalent of US$132,792, while the equivalent of US$146,183, was sold.
Highs & Lows| The highest buying rate for the US dollar, declined 34 cents to $116.16. The lowest buying rate declined $2.47 to $92.30,
the highest selling rate rose 27 cents to $121.71, while the lowest selling rate rose 21 cents to $94.98. The highest buying rate for the Canadian dollar fell $1.20 to $96.30. The lowest buying rate was down 58 cents to $76.40, the highest selling rate remained at $99.24 and the lowest selling rate fell 70 cents to $92.05. The highest buying rate for the British Pound, declined 75 cents to $182.50, the lowest buying rate gained 20 cents to $146.70, the highest selling rate climbed $3.58 to $189.12 with the lowest selling rate remaining at $174.30.
J$ stable vs US Monday
May 18, 2015 by