Jamaican$ slipped vs US$

At the close of trading on Wednesday, the rate the public bought the US dollar rose just 1 cent Jamaican. The rate dealers bought the Green back also rose with an increase of 6 cents.
The local currency also fell in value against the Canadian Dollar and the British Pound but rose in value against the euro.
Inflows of all currencies ended at US$47.49 million, versus US$45.11 million on Tuesday with selling of US$43.74 million compared with US$43.96 million sold on Tuesday.
In US dollar, trading dealers sold US$40.59 million at an average of $124.76 at the close, compared US$39.47 million at an average of $124.76 on Tuesday. US currency purchases by dealers, amounted to US$42.97 million, at an average rate of $123.65, compared to Tuesday, with US$40.91 million, at an average rate of $123.65.
On Wednesday at midday dealers purchased US$12.57 million at an average rate of J$124.18 and sold just US$6.48 million at an average of J$124.56. At mid-day on Tuesday dealers purchased US$14.72 million at an average rate of J$123.94 and sold US$13.55 million at an average of J$124.75.
The selling rate for the Canadian dollar inched to J$100.22 from J$100.21 at the close on Tuesday. The selling rate for the British Pound rose to J$169.01 versus J$166.92 previously and the euro fell in value against the Jamaican dollar at J$148.58 to buy the European common currency, versus the prior selling rate of J$151.45.

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