More funds sold than Inflows

The local dollar was mixed against the majors on Tuesday as inflows was far less than outflows with the equivalent of $26,494,130 bought to $36,419,004 sold pretty much utilizing the excess amounts purchased on Monday when dealers bought of the equivalent of US$50 million with the equivalent of US$39.4 million sold.
In US dollar trading, dealers bought US$22,119,731 compared to US$44,649,343 on Monday as the buying rate for the US dollar eased 2 cents to $111.09 and sold US$31,688,770 versus US$36,125,994 on Monday with the rate closing up 6 cents to $111.62.
The Canadian dollar buying rate rose 53 cents to end at $101.44 with dealers buying C$1,443,301 and selling C$1,256,387 with the rate falling 10 cents to end at $102.43.
The Pound closed at $186.92, for the purchase of £1,416,577, the rate lost 32 cents, while £1,151,219 was sold, with the rate falling 22 cents to $188.73. Other currencies bought, amounted to the equivalent of US$673,078 while selling accounted for the equivalent of just $1,630,839.
Highs & Lows| The highest rate for buying the US dollar gained 70 cents to $112.70, the lowest buying, the highest selling and the lowest selling rates all remained unchanged at $90.26, $116.36 and $90.60 respectively.
The highest buying rate for the Canadian dollar eased 5 cents to $102.95, the lowest buying rate moved up 75 cents to $81.88, the highest selling rate was up 67 cents to $105.56 and lowest selling rate was up by 65 cents to $98.65.
The highest buying rate for the Pound declined 25 cents to $189.50 while the lowest buying rate remained unchanged at $151.27. The highest selling rate rose by 32 cents at $195.33 and the lowest selling rate was up 30 cents to $182.55.