In Thursday’s forex trading, the Jamaican currency was mixed against the major currencies that Jamaica trades in.
On Thursday, dealers bought the equivalent of $22,112,178 versus US$29,964,712 on Wednesday and sold the equivalent of US$28,577,278 compared to US$26,521,292 sold on Wednesday.
In US dollar trading, dealers bought US$17,385,127 compared to US$25,992,810 on Wednesday as the buying rate for the US dollar, fell 10 cents to $111.93 and sold US$21,394,673 versus US$24,271,674 on Wednesday, as the rate dropped 4 cents to $112.60.
The Canadian dollar buying rate climbed 94 cents, to $104.50 with dealers buying C$2,204,267 and selling C$4,588,102 as the rate rose 93 cents, to $106.08.
The Pound closed at $190.32, for the purchase of £1,013,558, at 75 cents lower, while £1,115,039 was sold, with the rate rising by 46 cents, to $193.50. Other currencies bought, amounted to the equivalent of US$945,676 while selling was the equivalent of US$944,228.
Highs & Lows| The highest rate for buying the US dollar was down 80 cents to $113.20, the lowest buying rate fell 17 cents to $91.85 and the highest selling rate remained unchanged at $117.91, while the lowest selling rate eased by $18.09 cents to $92.01.
The highest buying rate for the Canadian dollar declined by 40 cents, to $105.60 and the lowest buying rate was down 42 cents to $83, the highest selling rate fell 48 cents to $107 and the lowest lost 50 cents to $100.
The highest buying rate for the British Pound, slipped 60 cents to $193, while the lowest buying increased by 29 cents to $154.67 and the highest selling rate gained $2.46 to $199.39, the lowest selling rate was up by $1.70 to $188.20.
Mixed results for J$ on Thursday
July 17, 2014 by