In Friday’s forex trading, authorized dealers purchased more foreign currency than they sold. Dealers bought the equivalent of US$39,277,073 versus US$32,479,891 on Thursday, and sold the equivalent of US$36,643,681 compared with US$37,797,115 on Thursday.
In US dollar trading, dealers bought US$34,634,771 compared to US$27,452,497 on Thursday. The buying rate for the US dollar rose 12 cents to $112.38 and US$33,089,971 was sold versus US$33,759,732 on Thursday, the selling rate fell 1 cent to $112.75.
The Canadian dollar buying rate fell 52 cents to $102.12 with dealers buying C$1,153,204 and selling C$1,120,704 at an average selling rate that gained 82 cents to $104.39.
The rate for theBritish Pound dived $1.63 to $182.63, for the purchase of £1,662,228, while £802,746 was sold, as the rate declined by $1.44 to $183.85. Other currencies bought, amounted to the equivalent of US$893,093, while selling was for the equivalent of US$1,207,087.
Highs & Lows| The highest buying rate for the US dollar, fell 10 cents to $113.10 and lowest buying rate remained unchanged at $91.85. The highest selling rate dropped $3.70 to $114 and the lowest selling rate fell 66 cents to $109.84. The highest buying rate for the Canadian dollar rose 5 cents to $103.90, the lowest buying rate rose 71 cents to $82.38, the highest selling rate declined 29 cents to $105.73 and the lowest selling rate rose 85 cents t0 $99.25. The highest buying rate for the British Pound, fell 74 cents to $185, the lowest buying rate declined 38 cents $148.11. The highest selling rate fell $2.78 to $188.64 and the lowest selling rate declined by 45 cents to $178.45.
Jamaican $ gains against pound & US$
September 5, 2014 by