The Jamaican dollar lost value on Thursday, against the US and Canadian dollars, but gained against the British Pound, as authorized dealers purchased the equivalent of US$30,974,409 versus US$40,832,885, on Wednesday. The equivalent of US$30,021,063 was sold, compared with US$39,334,085 on Wednesday.
In US dollar trading, dealers bought US$27,235,385 compared to US$33,287,323 on Wednesday. The buying rate for the US dollar was up 10 cents to $112.23 and US$27,684,459 was sold versus US$34,157,406 on Wednesday, the selling rate rose 2 cents to $112.66. The Canadian dollar buying rate, fell $1.06 to $98.46 with dealers buying C$1,412,993 and selling C$1,022,966, at an average selling rate that rose 36 cents, to $100.68. The rate for buying the British Pound dropped $1.26 to $178.75, for the purchase of £1,466,307, while £836,955 was sold, at $180.56, a decline of $1.06. Other currencies bought, amounted to the equivalent of US$163,936, while the equivalent of US$81,055, was sold.
Highs & Lows| The highest buying rate for the US dollar, climbed $1.23, to $113.95, the lowest buying and the highest selling and the lowest selling rates, were unchanged at $91.85, $117.70 and $93.66 respectively. The highest buying rate for the Canadian dollar fell 20 cents to $100.50, the lowest buying rate climbed 25 cents to $79.68 and highest selling rate was unchanged at $102.80. The lowest selling rate was up $1.60 to $97.30. The highest buying rate for the British Pound, dropped $1.65 to $180.60, the lowest buying rate declined 95 cents to $144.63, the highest selling rate was up $1.91 to $186.45 and the lowest selling rate rose 90 cents to $176.30.
Jamaican$ loses value again on Thursday
October 23, 2014 by
[…] the US and Canadian dollars, as authorized dealers purchased the equivalent of US$35,558,566 versus US$30,974,409, on Thursday. The equivalent of US$33,852,780 was sold, compared with US$30,021,063 on Thursday. In US dollar […]