The Jamaican dollar gained against the three main currencies it regularly trades with, in Monday’s forex trading. Authorized dealers purchased the equivalent of US$41,647,022 versus US$50,731,870 on Friday, and the equivalent of US$48,692,938 was sold compared with US$32,356,343 on Friday.
In US dollar trading, dealers bought US$37,493,261 compared to US$48,910,642 on Friday. The buying rate for the US dollar fell 23 cents to $112.27 and US$46,856,853 was sold versus US$30,734,179 on Friday, the selling rate eased by a cent to $112.68. The Canadian dollar buying rate, fell 36 cents to $98.70 with dealers buying C$1,194,201 and selling C$768,096 at an average selling rate that slipped 9 cents, to $101.31. The rate for buying the British Pound rose 88 cents to $181.03, for the purchase of £1,779,286, while £577,599 was sold, at $182.82 for a fall of 92 cents. Other currencies bought, amounted to the equivalent of US$234,843, while selling was for the equivalent of US$208,343.
Highs & Lows| The highest buying rate for the US dollar, closed with the loss of a cent at $112.99, the lowest buying and the highest selling rates were unchanged at $91.85 and $117.70 respectively. The lowest selling rate dropped $9.70 to $91.85. The highest buying rate for the Canadian dollar rose 25 cents to $101.85, the lowest buying rate and the highest selling rate remained unchanged at $79.93 and $105.50, respectively. The lowest selling rate rose 45 cents to $96.75. The highest buying rate for the British Pound, declined 55 cents to $183.45, the lowest buying rate fell 42 cents to $146.74. The highest selling rate remained at $192 and the lowest selling rate is dived 50 cents to $176.80.
Jamaican$ gains against all on Monday
September 29, 2014 by