Monday, 29th July 2013 | Monday was a buoyant day in Forex trading, as buying exceeded selling of all the currencies by US$6 million and the actual trading of US dollars resulted in $42.5 million being purchased and $37.64 being sold at rate that were very close to the closing rate on Friday.
There was more Canadian selling than buying as the buying rate moved up by 12 cents to $98.34 and the selling rate by 10 cents to $99.94. The Pound sterling closed at a selling rate of J$156.40 to a Pound as it lost 18 cents in the process while buying took place by authorised dealers at J$153.40 $1 less than on Friday.
Highest rates traded in buying the currencies were for the US dollar $102.50 up 35 cents, Canadian $99.75 down 25 cents, Pound sterling $157.10 an increase of 33 cents while the lowest buying rates were the US dollar $83.50 no change, Canadian $79.85, up 25 cents and the Pound sterling $126.58 up 75 cents.
Highest rates traded in selling the currencies were for the US dollar $107.21 up 21 cents, Canadian $102.93, Pound sterling $163.17 while the lowest selling rates were the US dollar $83.67 down $14.83, Canadian $94.12 down 38 cents and Pound sterling $149.40 a reduction of $2.10.