In foreign currencies trading in Jamaica on Tuesday funds purchased were short of the amount sold, but the local currency mostly held its value. The market closed with dealers buying the equivalent of US$45,060,353 in contrast to US$43,789,731 on Monday, while they sold the equivalent of US$52,126,199 compared to US$41,636,358 on the prior trading day.
In US dollar trading , dealers bought US$42,068,702 compared to US$39,295,594 on Monday. The buying rate for the US dollar advanced 24 cents to $117.02 and US$47,898,141 was sold versus US$39,279,399 on Monday, the selling rate remained at $117.42. The Canadian dollar buying rate increased 66 cents to $89.49 with dealers buying C$1,353,953 and selling C$4,080,613, at an average rate that rose 65 cents to $90.87. The rate for buying the British Pound fell 14 cents to $179.92 for the purchase of £1,212,520, while £422,952 was sold, at an average rate that declined 71 cents to $181.48. At the end of trading, it took J$127.56 to purchase the Euro, with a gain of 10 cents on Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$124.96 for 35 cents less than on Monday. Other currencies bought, amounted to the equivalent of US$92,059, while the equivalent of US$416,342 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 15 cents to $117.70, the lowest buying rate gained 17 cents to $96.28, the highest selling rate was unchanged at $123.37 but the lowest selling rate rose $19.13 to $115.15. The highest buying rate for the Canadian dollar climbed $1 to $91.50. The lowest buying rate was unchanged at $72.29, the highest selling rate fell 50 cents to $96.50 and lowest selling rate rose 10 cents $87.20. The highest buying rate for the British Pound, declined 55 cents to $182.45, the lowest buying rate was unchanged at $147.08, with the highest selling rate falling $3.62 to $185.98 and the lowest selling rate gained 20 cents to $177.40.

In foreign currencies trading in Jamaica on Tuesday funds purchased were short of the amount sold, but the local currency mostly held its value. The market closed with dealers buying the equivalent of US$45,060,353 in contrast to US$43,789,731 on Monday, while they sold the equivalent of US$52,126,199 compared to US$41,636,358 on the prior trading day.
In US dollar trading , dealers bought US$42,068,702 compared to US$39,295,594 on Monday. The buying rate for the US dollar advanced 24 cents to $117.02 and US$47,898,141 was sold versus US$39,279,399 on Monday, the selling rate remained at $117.42. The Canadian dollar buying rate increased 66 cents to $89.49 with dealers buying C$1,353,953 and selling C$4,080,613, at an average rate that rose 65 cents to $90.87. The rate for buying the British Pound fell 14 cents to $179.92 for the purchase of £1,212,520, while £422,952 was sold, at an average rate that declined 71 cents to $181.48. At the end of trading, it took J$127.56 to purchase the Euro, with a gain of 10 cents on Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$124.96 for 35 cents less than on Monday. Other currencies bought, amounted to the equivalent of US$92,059, while the equivalent of US$416,342 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 15 cents to $117.70, the lowest buying rate gained 17 cents to $96.28, the highest selling rate was unchanged at $123.37 but the lowest selling rate rose $19.13 to $115.15. The highest buying rate for the Canadian dollar climbed $1 to $91.50. The lowest buying rate was unchanged at $72.29, the highest selling rate fell 50 cents to $96.50 and lowest selling rate rose 10 cents $87.20. The highest buying rate for the British Pound, declined 55 cents to $182.45, the lowest buying rate was unchanged at $147.08, with the highest selling rate falling $3.62 to $185.98 and the lowest selling rate gained 20 cents to $177.40.