Jamaican $ gains vs Pound stable with US

In Monday’s forex trading, the selling rate for the Jamaican dollar made gains against the British Pound but was stable against the US dollar as dealers bought nearly US$3 million more than they sold. On Friday, dealers bought $9 million more than they sold. FX sum 11-8-14
Authorized dealers bought the equivalent of US$53,329,347 versus US$41,719,974 on Friday, and sold the equivalent of US$50,685,771 compared to US$32,548,314 on Friday.
In US dollar trading, dealers bought US$47,852,405 compared to US$35,874,558 on Friday. The buying rate for the US dollar lost 14 cents to $112.19 and US$48,469,980 was sold versus US$28,416,014 on Friday, the selling rate was unchanged at $112.82.
The Canadian dollar buying rate fell 54 cents to $101.43 with dealers buying C$2,118,078 and selling C$1,018,014, the selling rate rose 17 cents to $103.12.
The Pound closed at $186.47, for the purchase of £1,986,266 as the rate slipped 85 cents while £492,793 was sold, as the rate declined 81 cents, to $188.96. Other currencies bought, amounted to the equivalent of US$260,568 while selling was the equivalent of US$459,939.
FX HL 11-8-14Highs & Lows| The highest rate for buying the US dollar, rose 5 cents to $113.25, the lowest buying, the highest and the lowest selling rates remained unchanged, at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar was up 65 cents to $104 and the lowest buying rate fell 25 cents to $81.34. The highest selling rate fell by $7.50 to $105.50 and the lowest selling rate was down 30 cents at $98. The highest buying rate for the British Pound declined 50 cents to $189.80, the lowest buying rate dropped $40.61 t0 $111.70, the highest selling rate rose $2.95 to $196.34 and lowest selling rate dived by $23.85 at $159.65.

About IC Insider.com