In the Jamaican foreign exchange market, dealers bought the equivalent of US$35,703,146 and sold US$43,237,725, compared with US$44,360,218 purchased and US$40,052,989 sold on Monday.
In US dollars trading, dealers bought US$32,330,168 compared to US$39,298,993 on Monday with the buying rate for the US dollar rising 30 cents to $119.84. A total of US$41,672,381 was sold versus US$38,905,100 on Monday as the selling rate gained 9 cents to $120.46. The Canadian dollar buying rate climbed $1.06 to end at $83.77 with dealers buying C$1,870,425 and selling C$950,031, at an average rate that declined 17 cents to $85.10. The rate for buying the British Pound gained 69 cents to $173.81 for the purchase of £1,273,982, while £452,287 was sold, with the rate rising by 59 cents to $176.22. At the end of trading, it took J$130.05 to purchase the Euro, for a decline of 75 cents from Monday’s rate, according to data from Bank of Jamaica, 
while dealers purchased the European common currency at J$127.22 for a fall of 80 cents from Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$217,825 being bought, while US$232,513 was sold.
Highs & Lows| The only major change to the highest and lowest buying and selling rates were recoveries in the lowest selling rate for US dollar by $79 to $117 and the lowest selling rate for the British Pound, that regained $94 to close $170.
Jam$ slips against most on Tuesday
January 5, 2016 by
