In Forex trading on Tuesday, the total inflows of funds was less than outflows, with the equivalent of US$27,377,149 being purchased to US$29,447,519 sold and compares to the equivalent of US$42,845,590 bought and US$36,734,655 sold on the previous trading day.
In US dollar trading, dealers bought US$23,344,802 compared to US$36,457,358 on Monday as the buying rate for the US dollar rose 4 cents to $111.93 and sold US$27,193,483 versus US$32,914,257 on Monday, with the rate rising 10 cents to $112.62.
The Canadian dollar buying rate rose 6 cents to $103.06 with dealers buying C$1,131,413 and selling only C$571,616, the rate eased by 35 cents to $105.25.
The Pound closed at $190.68 for the purchase of £1,677,707, the rate decline 3 cents, while £934,936 was sold, with the rate inching up by 7 cents to $192.94. Other currencies bought, amounted to the equivalent of US$132,419 while selling was the equivalent of just US$118,011.
Highs & Lows| The highest rate for buying the US dollar rose $3.78 to $117.08, the lowest buying and the highest selling rates were unchanged at $91.85 and $117.70 respectively, but the lowest selling rate rose 83 cents to $91.85.
The highest buying rate for the Canadian dollar climbed $2.02 to $107.97 and the lowest buying rate was up 4 cents to $84.12. The highest selling rate was unchanged at $108.39 and lowest selling rate, grew by $18.51 to $101.35.
The highest buying rate for the British Pound, fell 70 cents to $193.80, while the lowest buying rate and the highest selling rate were unchanged at $154.71 and $199.45 respectively, the lowest selling rate was up by 5 cents to $186.45.
More outflows than inflows as J$ slips
July 8, 2014 by