Purchases of all currencies by dealers on Thursday amounted to US$32,959,776 equivalent, compared with US$36,496,804, on Wednesday and selling of the equivalent of US$32,149,238 versus sale of US$32,811,106, previously.
In US dollar trading, dealers bought US$29,244,108 compared to US$33,079,206 on Wednesday. The buying rate for the US dollar rose 2 cents to $114.77 and US$29,126,877 was sold versus US$30,687,641 on Wednesday, the selling rate rose 6 cents to end at $115.30. The Canadian dollar buying rate rose $2.03 to $93.61 with dealers buying C$2,315,687 and selling C$2,060,600, at an average rate that rose 2 cents to $94.34. The rate for buying the British Pound rose 25 cents to $170.50 for the purchase of £1,116,860, while £713,333 was sold, at an average rate that climbed 62 cents to $172.91. At the end of trading it took J$123.59 to purchase the Euro, 14 cents less than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$121.21 for a fall of 5 cents from Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$167,713, while the equivalent of US$266,636, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 8 cents to $115.53. The lowest buying and lowest selling rates remained unchanged at $93.77 each and the highest buying rate rose 21 cents to $120.37. The highest buying rate for the Canadian dollar was unchanged at $95. The lowest buying rate rose 16 cents to $74.45, the highest selling rategained 92 cents to $97.11 The highest buying rate for the British Pound,jumped $3.46 to $176.76, the lowest buying rate rose 71 cents to $137.78, but the highest selling rate rose $1.50 to $178.50 with the lowest selling rate falling $2 to $166.
More losses for J$ on Thursday
April 23, 2015 by