The Jamaican dollar lost most against the British Pound, but underwent moderate changes with the US and Canadian dollars in trading on Tuesday, as authorized dealers bought US$7 million less funds than was sold. Dealers purchased the equivalent of US$33,265,759 versus US$59,284,131, on Monday and sold the equivalent of US$40,508,881 compared with US$43,206,616 on Monday.
In US dollar trading, dealers bought US$27,496,261 compared to US$51,676,419 on Monday. The buying rate for the US dollar lost 5 cents to $112.24 and US$35,263,494 was sold versus US$38,092,548 on Monday, the selling rate rose 4 cent to $112.71. The Canadian dollar buying rate, climbed 78 cents to $99.65 with dealers buying C$3,177,324 and selling C$4,673,998, at an average selling rate that declined 7 cents, to $101.09. The rate for buying the British Pound moved up 31 cents to $179.06, for the purchase of £1,526,729, while £503,224 was sold, at $181.60, an increase of 67 cents. Other currencies bought, amounted to the equivalent of US$512,958, while the equivalent of US$242,382, was sold.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying, the highest selling and the lowest selling rates were unchanged at $112.85, $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar rose 10 cents to $101, the lowest buying rate fell 16 cents to $79.35, the highest selling rate climbed 20 cents to $103. The lowest selling rate dropped 20 cents to $95.60. The highest buying rate for the British Pound, fell $6.25 to $181.75. The lowest buying rate had no change at $145.08, the highest selling rate eased 86 cents to $187.14 and the lowest selling rate jumped $23.52 to $174.90.
Jamaican$ lost most vs Pound on Tuesday
October 28, 2014 by
[…] on Wednesday. Authorized dealers purchased the equivalent of US$32,884,034 versus US$33,265,759, on Tuesday and sold the equivalent of US$32,831,045 compared with US$40,508,881 on Tuesday. In US dollar […]