Monday, 14th October 2013 | The level of trading was low for a Monday but that may have been telegraphed from Friday when a larger than expected amount of buying and selling took place in the ForEx market.
Dealers purchased US$26,037,166 in various currencies and sold US$25,335,901. In term of actual US dollars purchased this amounted to $20,638,306 at a closing rate that was unchanged for the day at $103.90 and sold US$21,056,664 at 26 cents less than on Friday at $104.15. Dealers purchased C$1,317,993 for $98.89 at 11 cents less than on Friday and they sold C$785,625 at $101.38 up by 22 cents. £1,076,430 was purchased at $164.62 down by $1.02 and £688,511 was sold at $167.974, 18 cents lower at the end of the day.
Highs & Lows | The highest and lowest rates generally moved up except for two that were unchanged and the US dollar low for selling, which fell by 21 cents to end at $84.75.
The highest buying rate for the US dollar increased by 5 cents to end at $106.25 while the lowest buying rate was unchanged at $84.96; the highest selling rate was also unchanged at $108.87.
The highest buying rate for the Canadian dollar climbed 30 cents to end at $102.30, the lowest buying rate ended at $80.18, higher by 8 cents; the high for selling rates stood 4 cents higher on the day at $103.46 and the selling low at $96.60 was up $1.40.
The British Pound highest buying rate climbed 20 cents to end at $169.20, the lowest buying rate was up 45 cents to $133.67; the highest selling rate increased 90 cents to $172.80 and the lowest selling rate climbed 40 cents to $161.05.