Jamaican$ slips vs US – Friday

The Jamaican dollar selling rate slipped against the US and Canadian dollar and made gains versus the British pound and the euro in foreign exchange trading on Friday. At the close of the market, dealers bought the equivalent of US$44,831,673 of all currencies and sold US$39,459,521, compared to US$41,707,136 purchased and US$29,836,153 sold on Thursday.
In US dollar trading, dealers bought US$39,652,245 compared to US$37,328,635 on Thursday. The buying rate for the US dollar rose 7 cents to $127.98. A total of US$32,675,259 was sold versus US$26,728,474 on Thursday, with the selling rate rising 5 cents to end at $128.69. The Canadian dollar buying rate rose 43 cents to $94.86, with dealers buying C$3,763,209 and selling C$6,662,780 at an average rate that increased by 76 cents to finish at $97.50. The average rate for buying the British Pound dropped $2.04 to $157.80 for the purchase of £1,779,653 while £1,159,661 was sold with a fall of $1.53 to end at $159.67.
At the end of trading on Friday, dealers sold €269,095 with the selling rate for the Euro, closing with a fall of 46 cents to $136.06, according to data from Bank of Jamaica. Dealers purchased €180,841 of the European common currency at $130.74 after falling $4.24. The US dollar equivalent of other currencies traded, amounts to US$11,048 being bought and selling of US$12,976.
Highs & Lows| Notable changes to the highest and lowest rates for the regularly traded foreign currencies on Friday, include a drop of $19.67 in the lowest selling rate of the US dollar to $103.33. The highest buying rate for the Canadian dollar fell $3.10 to end at $96.90, the lowest buying rate declined $1.95 to $77.19, while the highest selling rate dipped $2.54 to $100.44 and the lowest selling rate rose $1.30 to $92.30. The highest buying rate for the British Pound jumped $2.35 to $165, The lowest buying rate fell $2.07 to $129.90, while the highest selling rate dipped $2.70 to end at $169.02 and the lowest selling rate fell by $1 to $153. The highest buying rate for the Euro dropped $5.70 to $133.50, the lowest buying rate dropped $2.57 to $107.90, while the lowest selling rate dropped $2.50 to $128.