Sale of all currencies by dealers exceeded the amounts bought by US$3 million on Tuesday as the Jamaican dollar slipped against the three main currencies it regularly trades against. Dealers bought the equivalent of US$33,963,876 compared with US$42,299,523, on Monday while they sold the equivalent of US$37,019,836 versus US$ $37,983,946 previously.
In US dollar trading, dealers bought US$29,012,318 compared to US$39,031,074 on Monday. The buying rate for the US dollar gained 6 cents at $115.74 and US$33,329,699 was sold versus US$36,387,817 on Monday, the selling rate rose 3 cent to $116.26. 
The Canadian dollar buying rate jumped $2.25 to $92.71 with dealers buying C$1,886,229 and selling C$1,600,514, at an average rate that rose 62 cents to $93.84. The rate for buying the British Pound climbed $2.35 to $176.58 for the purchase of £2,157,374, while £1,211,712, was sold, at an average rate that rose by 45 cents to $177.90. At the end of trading it took J$130.23 to purchase the Euro, $1.12 more than on Monday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$127.67 for 98 cents higher than Monday’s rate. Other currencies bought, amounted to the equivalent of US$149,391, while the equivalent of US$544,350, was sold.
Highs & Lows| The highest buying rate for the US dollar rose 5 cents to $116.45, the lowest buying rate gained 44 cents to $88.50, the highest selling rate remained unchanged at $121.98, but the lowest selling rate climbed $2.26 to $97.45. 
The highest buying rate for the Canadian dollar rose 30 cents to $94.30, the lowest buying rate climbed 75 cents to $74.37, the highest selling was unchanged at $96.50 and the lowest selling rate rose 90 cents to $89.60. The highest buying rate for the British Pound, increased 20 cents to $178.70, the lowest buying rate jumped $7.14 to $142.14, with the highest selling rate falling $1.77 to $181.47 and the lowest selling rate rose 75 cents to $172.
Selling exceeds buying on Tuesday
June 9, 2015 by
