In Tuesday’s forex trading, buying and selling volumes were more closely matched with funds bought by dealers being slightly above the amounts sold. Dealers bought just over US$13 million in all currencies than they sold.
On Tuesday, dealers bought the equivalent of $25,710,419 versus US$47,763,088 on Monday and sold the equivalent of US$24,985,551 compared to US$34,622,132 on Monday.
In US dollar trading, dealers bought US$23,198,261compared to US$42,021,074 on Monday as the buying rate for the US dollar, slipped 6 cents to $112.08 and sold US$22,007,235 versus US$31,275,581 on Monday, as the rate eased 7 cents to $112.63.
The Canadian dollar buying rate rose 13 cents, to $102.93 with dealers buying C$852,194 and selling C$750,104 as the rate fell 9 cents, to $105.21.
The Pound closed at $189.29, for the purchase of £962,129 down 93 cents, while only £896,565 was sold, with the rate climbing by 40 cents, to $192.68. Other currencies bought, amounted to the equivalent of US$104,562 while selling was the equivalent of US$992,469.
Highs & Lows| All the highs and lows at the end of trading that moved declined. The highest rate for buying the US dollar, closed with a loss of 10 cents at $113.10, the lowest buying rate and the highest selling rate remained unchanged at $91.85 and $117.70 respectively, while the lowest selling rate dropped back by 16 cents cents to $91.85.
The highest buying rate for the Canadian dollar declined by 30 cents, to $105.05 and the lowest buying rate and the highest selling rate and the lowest selling rate were unchanged at $83.21, $107.21 and $100.25 respectively.The highest buying rate for the British Pound, fell 30 cents to $193.30, while the lowest buying and selling rates were unchanged at $153.88 and $185.40 respectively, the highest selling rate fell $3.36 to $195.66.
Jamaican dollar gains versus US & Canadian
July 22, 2014 by
