Monday, 3rd June 2013 | It was a big day in the foreign exchange market today as selling out paced buying and the rates slipped with the US dollar close once more to the J$100 market with just 40 cents separating them on the sell side. In all, the total amount of currency traded amounted to the equivalent of US$46.5 million and they sold the equivalent of US$71 million.
US$42.7 million was purchased with US$69.1 million being sold. There was Can$1 million purchased with Can$691,000 sold. £1.66 million pounds were purchased and £1 million was sold. On average, it took 22 cents more to buy US dollars and selling took place at an average of 15 cents more. The authorised dealers bought the Canadian currency for 20 cents less on Monday that on Friday and they sold them at 13 cents more. For the Pound sterling dealers bought the pound at 72 cents more and sold for 11 cents more than on Friday. There was hardly any change to the highest and lowest rates for the US dollar. The Canadian dollar and the pound sterling mostly increased except for the lowest buying rate for the Canadian.