The Jamaican dollar lost value on Friday, against the British Pound, 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 trading, dealers bought US$29,263,800 compared to US$27,235,385 on Thursday. The buying rate for the US dollar was up 3 cents to $112.26 and US$26,297,179 was sold versus US$27,684,459 on Thursday, the selling rate rose 2 cents to $112.68. The Canadian dollar buying rate, climbed $1.47 to $99.93 with dealers buying C$3,703,602 and selling C$5,296,001, at an average selling rate that rose 38 cents, to $101.05. The rate for buying the British Pound moved up 59 cents to $179.34, for the purchase of £1,792,631, while £1,687,902 was sold, at $181.04, up 48 cents. Other currencies bought, amounted to the equivalent of US$134,294, while the equivalent of US$94,382, was sold.
Highs & Lows| The highest buying rate for the US dollar, declined 75 cents, to $113.20, 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 rose 30 cents to $100.80, the lowest buying rate fell 29 cents to $79.39, the highest selling rate dropped 44 cents to $102.36. The lowest selling rate was down $1.65 to $95.65. The highest buying rate for the British Pound, rose 90 cents to $181.50, the lowest buying rate declined 21 cents to $144.42, the highest selling rate fell $1.73 to $184.72 and the lowest selling rate dived $2.30 to $174.
Jamaican$ loses value against all on Friday
October 24, 2014 by
[…] million more than was sold. They purchased the equivalent of US$59,284,131 versus US$35,558,566, on Friday and sold the equivalent of US$43,206,616, compared with US$33,852,780 on Friday. In US dollar […]