In Monday’s forex trading, funds bought by dealers, were US$4 million more than the amount they sold. Authorized dealers bought the equivalent of US$48,682,961 versus US$39,624,611 on Thursday, and sold the equivalent of US$44,817,815 compared to US$33,192,211 on Thursday.
In US dollar trading, dealers bought US$43,475,603 compared to US$33,363,187 on Thursday. The buying rate for the US dollar fell 17 cents to $112.19 and US$42,538,907 was sold versus US$29,758,889 on Thursday, the selling rate declined by 4 cents to $112.82.
The Canadian dollar buying rate fell $2.30, to $101.24 with dealers buying C$1,861,517 and selling C$630,031, the rate fell 51 cents to $103.36.
The Pound closed at $187.02, for the purchase of £1,598,529 as the rate dropped $1.18 while only £446,552 was sold, as the rate eased $1.02, to $190.09. Other currencies bought, amounted to the equivalent of US$862,883 while selling was for the equivalent of US$949,281.
Highs & Lows| The highest rate for buying the US dollar, rose 5 cents to $113.30, the lowest buying, and the highest selling rates remained unchanged at $91.85 and $117.70 respectively, the lowest selling dropped $1.45 to $91.85. The highest buying rate for the Canadian dollar declined $1.73 to $103.82 and the lowest buying rate lost 4 cents to $81.92. The highest selling rate was unchanged at $106.50 and the lowest selling rate was down 5 cents to $98.70. The highest buying rate for the British Pound remained at $191.50, the lowest buying rate declined by 16 cents to $152.31, the highest selling rate dipped 22 cents to $196.34 and lowest selling rate declined 20 cents to $183.50.
Jamaican$ gained against all
August 4, 2014 by