In the Jamaican foreign exchange market, dealers bought the equivalent of US$41,941,236 and sold US$39,746,285, compared with US$35,703,146 purchased and US$43,237,725sold on Tuesday.
In US dollars trading, dealers bought US$36,834,944 compared to US$32,330,168 on Tuesday with the buying rate for the US dollar falling 7 cents to $119.77. A total of US$37,031,528 was sold versus US$41,672,381 on Tuesday as the selling rate slipped 3 cents to $120.43. The Canadian dollar buying rate dropped 42 cents to end at $83.35 with dealers buying C$2,592,782 and selling C$1,914,548, at an average rate that declined 17 cents to $84.93. The rate for buying the British Pound lost 31 cents to $173.50 for the purchase of £1,961,635, while £522,647 was sold, with the rate declining $3.38 to $172.84. At the end of trading, it took J$129.15 to purchase the Euro, 
for a decline of 91 cents from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.55 for a fall of 67 cents from Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$460,202 being bought, while US$614,449 was sold.
Highs & Lows| Notable changes to the highest and lowest buying and selling rates were a rise in the lowest selling rate for Canadian dollar by $1.46 to $81.46 and the highest selling rate for the British Pound, that fell $1.24 to close $182.16.
Jam$ gains against all on Wednesday
January 6, 2016 by
