In Forex trading the total inflows of funds was slightly higher than outflows, with the equivalent of US$34,797,225 purchased, to US$33,786,541 sold compared to the equivalent of US$43,468,700 bought and $39,107,616 sold on the previous trading day.
In US dollar trading, dealers bought US$30,303,191 compared to US$36,202,132 on Monday as the buying rate for the US dollar increased by 14 cents to $111.66 and sold US$31,522,303 versus US$32,694,269 on Monday with the rate closing up 6 cents at $112.26.
The Canadian dollar buying rate fell 43 cents to $103.36 with dealers buying C$1,447,974 and selling C$964,815 as the rate declined by 71 cents to end at $105.01.
The Pound closed at $189.51 for the purchase of £1,649,198, the rate rose 32 cents, while £684,741 was sold, with the rate climbing by 12 cents to $192.02. Other currencies bought, amounted to the equivalent of US$354,670 while selling accounted for the equivalent of just US$190,442.
Highs & Lows| The highest rate for buying the US dollar rose 10 cents to $112.80, the lowest buying rate was unchanged at $91.02, the highest selling rate rose 54 cents to $117.17 at the end of trading but the lowest selling rate rose $18.69 to $109.50.
The highest buying rate for the Canadian dollar rose 15 cents to $105.70, in the meantime the lowest buying rate rose 46 cents at $83.29, the highest selling rate rose by 37 cents to $107.37 and lowest selling rate climbed 55 cents to $100.35.
The highest buying rate for the British Pound increased $1.50 to $194 while the lowest buying rate inched up $1.04 to $153.18. The highest selling rate rose by $1.34 to $197.47 and the lowest selling rate was up $1.25 to $184.55.
J$112.26 to buy the US dollar
July 1, 2014 by