The Jamaican dollar was stable against the US dollar, gained value on the Canadian dollar and the Pound Sterling, in Thursday’s forex trading. Authorized dealers purchased the equivalent of US$28,497,521 versus US$34,448,840 on Wednesday, and the equivalent of US$39,295,678 was sold compared with US$31,858,399 on Wednesday.
In US dollar trading, dealers bought US$25,078,217 compared to US$32,026,453 on Wednesday. The buying rate for the US dollar remained at $112.32 and US$37,666,628 was sold versus US$30,237,505 on Wednesday, the selling rate remained at $112.70. The Canadian dollar buying rate fell 99 cents to $99.40 with dealers buying C$739,616 and selling C$530,124 at an average selling rate that slipped 31 cents to $101.63. The rate for buying the British Pound rose 77c to $181.91, for the purchase of £1,255,877, while £379,519 was sold, at $183.42 for a decline of 57 cents. Other currencies bought, amounted to the equivalent of US$730,842, while selling was for the equivalent of US$533,319.
Highs & Lows| The highest buying rate for the US dollar, inched up 10 cents to $113. The lowest buying and the highest selling rates remained unchanged at $91.85 and $117.70 respectively and the lowest selling rate bounced back $18.15 to $110. The highest buying rate for the Canadian dollar lost 47 cents to $101.53, the lowest buying rate fell 91 cents to $80.26. The highest selling rate climbed 20 cents to $104. The lowest selling rate fell $1.10 to $96.70. The highest buying rate for the British Pound, rose 10 cents to $184.30, the lowest buying rate climbed $1.20 to $147.49. The highest selling rate rose $1.14 to $190.14 and the lowest selling rate is up $1.14 to $177.70.
J$ steady versus US$ gains vs others
September 25, 2014 by