Flows of foreign currencies into and out of the system, fell back to normal levels from Wednesday’s heightened reading. At the close of trading, the equivalent of US$37,495,499 was bought by dealers, compared with US$70,261,659 on Wednesday, while they sold the equivalent of US$40,152,220 versus US$67,303,552 previously.
In US dollar trading , dealers bought US$34,396,866 compared to US$65,914,311 on Wednesday. The buying rate for the US dollar fell 15 cents to $119.43 and US$38,980,232 was sold versus US$65,742,994 on Wednesday, the selling rate remained at $119.88. The Canadian dollar buying rate lost 28 cents to $88.14 with dealers buying C$875,428 and selling C$450,499, at an average rate that declined $1.22 to $90.12. The rate for buying the British Pound climbed 30 cents to $181.78 for the purchase of £1,562,561, while £363,843 was sold, at an average rate that rose 68 cents to $182.64. At the end of trading, it took J$130.21 to purchase the Euro, a fall of $1.06 from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.93 for a decline of 68 cents from Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$74,193 being bought, while US$279,015 was sold.
Highs & Lows| On Thursday, the highest buying rate for the US dollar, rose 5 cents to $120.10, the lowest buying rate rose 5 cents to $98.45, the highest selling rate gained 5 cents to close at $126.15 and lowest selling rate jumped $1.98 to end at $100.39. The highest buying rate for the Canadian dollar dropped d $3.25 to $91.50, the lowest buying rate rose 29 cents to end at $73.25, the highest selling rate climbed 68 cents to $94.43 and the lowest selling rate remained at $86.50. The highest buying rate for the British Pound, jumped $4.22 to end at $188.32. The lowest buying rate rose 42 cents to $147.16, the highest selling rate dropped 26 cents to $188.08 and the lowest selling rate lost $1.60 to $175.60.
Jam$ mixed on Thursday
November 5, 2015 by