The Jamaican dollar lost value against the US dollar, but gained on the British pound and the Canadian dollar, on Friday. Authorized dealers purchased the equivalent of US$32,044,623 versus US$27,640,306 on Thursday, and sold the equivalent of US$24,934,600 compared with US$27,319,898 on Thursday.
In US dollar trading, dealers bought US$27,699,155 compared to US$23,030,965 on Thursday. The buying rate for the US dollar gained 6 cents to $113.22 and US$22,601,816 was sold versus US$24,202,008 on Thursday. The selling rate rose 3 cents t0 $113.79. The Canadian dollar buying rate fell 22 cents to $97.48 with dealers buying C$1,218,718 and selling C$582,108, at an average selling rate that erased 23 cents, to $99.55. The rate for buying the British Pound fell 34 cents to $176.22, for the purchase of £1,567,360, while £648,933 was sold, the rate lost 42 cents to $177.72. Other currencies bought, amounted to the equivalent of US$856,800 while the equivalent of US$810,034, was sold.
Highs & Lows| The highest buying rate for the US dollar, closed at $114, unchanged at the end of trading, the lowest buying rate rose 17 cents to $93.52, the highest selling rate rose 21 cents $119.84, but the lowest selling rate was unchanged at $93.52. The highest buying rate for the Canadian dollar climbed 65 cents to end at $100.50. The lowest buying rate closed 17 cents higher, at $79.93. The highest selling rate climbed 89 cents to $103.04 and the lowest selling rate climbed 5 cents to $96.30. The highest buying rate for the British Pound, lost 50 cents to $178.50. The lowest buying rate slipped 29 cents to $143.67, the highest selling rate gained 18 cents to $181.98 and the lowest selling rate increased $1.45 to $173.10.