Jamaican$ strengthens against all 3 on Tuesday

The Jamaican dollar gained, against the three main currencies it regularly trades with, in Tuesday’s forex trading, as inflows remain buoyant. Authorized dealers purchased the equivalent of US$46,583,995, versus US$41,647,022 on Monday, and the equivalent of US$43,686,767 was sold compared with US$48,692,938 on Monday.
In US dollar trading, dealers bought US$41,044,453 compared to US$37,493,261 on Monday. The buying rate for the US dollar rose 12 cents to $112.39 and US$41,573,721 was sold versus US$46,856,853 on Monday, the selling rate eased by a cent to $112.67. The Canadian dollar buying rate, climbed 35 cents to $99.05 with dealers buying C$1,052,935 and selling C$450,524 at an average selling rate that slipped 29 cents, to $101.01. The rate for buying the British Pound rose 59 cents to $181.62, for the purchase of £2,746,757, while £966,157 was sold, at $182.48 for a fall of 34 cents. Other currencies bought, amounted to the equivalent of US$172,782, while selling was for the equivalent of US$144,242.
Highs & Lows| The highest buying rate for the US dollar, closed with the loss of 4 cents at $112.95, the lowest buying, the highest selling and the lowest selling rates were unchanged at $91.85, $117.70 and $91.85 respectively. The highest buying rate for the Canadian dollar dived 85 cents to $101, the lowest buying rate gained 8 cents to $80.01, the highest selling rate lost 76 cents to $104.74. The lowest selling rate fell 35 cents to $96.40. The highest buying rate for the British Pound, jumped $5.94 to $189.39, the lowest buying rate fell 24 cents to $146.50. The highest selling rate dropped $2.82 to $189.18 and the lowest selling rate dived 80 cents to $176.