NCB sold off US$33m on Thursday
In US dollar trading, dealers bought US$30,929,977 compared to US$38,957,982 on Wednesday. The buying rate for the US dollar fell 3 cents to $115.69 and US$64,242,043 was sold versus US$42,974,812 on Wednesday, the selling rate increased by 1 cent to $116.12. The Canadian dollar buying rate declined 4 cents to $92.32 with dealers buying C$558,061 and selling C$564,155, at an average rate that fell 3 cents to $95.22.
The rate for buying the British Pound rose $1.74 to $179.61 for the purchase of £1,662,400, while £335,075, was sold, at an average rate that rose 96 cents to $180.83. At the end of trading it took J$128.92 to purchase the Euro, 25 cents less than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.55 for a fall of 9 cents on Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$239,179, while the equivalent of US$227,937, was sold.Highs & Lows| The highest buying rate for the US dollar, rose 5 cents to $116.35. The lowest buying and the highest rates were unchanged at $94.98 and $121.71 respectively but the lowest selling rate added 21 cents to $94.98. The highest buying rate for the Canadian dollar rose 30 cents to $95.10.
The lowest buying rate remained unchanged at $75.36, the highest selling rate slipped 84 cents to $97.16 and the lowest selling rate fell $1.20 to $90.80. The highest buying rate for the British Pound, declined $1.60 to $181.90, the lowest buying rate closed unchanged at $144.63, the highest selling rate fell 94 cents to $185.51 with the lowest selling rate dropping $1.25 to $174.25.
[…] just US$27,593,054 previously. Scotia Bank bought US$18.7 million and sold US$16.8 million while National Commercial Bank bought US$32.85 and sold only US$21.5 million, the next largest trade was Sagicor Bank with US$10.9 […]