In Wednesday’s forex trading, funds bought by dealers were more than US$4 million compared with the amount they sold, but trading levels were more than on Tuesday.
On Wednesday, dealers bought the equivalent of $34,161,145 versus US$25,710,419 on Tuesday and sold the equivalent of US$29,959,926 compared to US$24,985,551 on Tuesday.
In US dollar trading, dealers bought US$29,717,816 compared to US$23,198,261 on Tuesday as the buying rate for the US dollar, rose 14 cents to $112.21 and sold US$27,907,850 versus US$22,007,235 on Tuesday, as the rate gained 8 cents to $112.71.
The Canadian dollar buying rate rose 67 cents, to $103.59 with dealers buying C$1,175,625 and selling C$885,711 as the rate fell 19 cents, to $105.02.
The Pound closed at $190.45, for the purchase of £1,893,333 as the rate climbed $1.17, while only £617,633 was sold, with the rate dipped 47 cents, to $192.21. Other currencies bought, amounted to the equivalent of US$144,605 while selling was the equivalent of US$173,592.
Highs & Lows| The highest rate for buying the US dollar, closed with a gain of 10 cents at $113.20, the lowest buying rate and the highest selling rate remained unchanged at $91.85 and $117.70 respectively, whilst the lowest selling rate jumped $18.15 to $110.
The highest buying rate for the Canadian dollar increased by 15 cents, to $105.20 and the lowest buying rate was unchanged at $83.21. The highest selling rate declined by 18 cents to $107.03 and the lowest selling rate climbed $1.25 to $101.50. The highest buying rate for the British Pound, fell 50 cents to $192.80, the lowest buying rate jumped $7.42 to $161.30, the highest selling rate was up $2.82 to $198.48 and lowest selling rate was up 10 cents to $185.50.
Jamaican dollar slips versus US
July 24, 2014 by
