USD | The foreign exchange market was in balance today as a total of US$24.2 million were purchased and US$23.3 million sold. The rate paid on average for buying the dollar was J$98.472, slightly lower than Tuesday’s buying rate and they sold it to the public for an average of J$99.11, slightly up on yesterday’s rate. The highest buying rate was J$99.35, up 18 cents on Tuesday’s rate and the lowest was J$81.16 17 cents lower than on Tuesday. Sales took place at J$104.11, some 11 cents more than Tuesday on the high end and J$96.20 on the low end, 15 cents more than Tuesday’s lowest rate.
CAD | Purchasing of Canadian dollars amounted to CAN$522,435 at an average rate of J$94.1682 which was just 2 cents less than the rate on Tuesday. CAN$990,719.46 were sold at an average of J$97.3652 but buyers had to pay 7.5 cents more than the Tuesday average price to get the currency. The highest buy rate for the Canadian dollar was J$96.50 which was 30 cent less than Tuesday and the lowest buy rate was 17 cents less at J$77.27. On the sell side, the highest selling rate was J$99.62, which was lower than Tuesday by 21 cents and the lowest sell rate was J$1.40 more than Tuesday at J$93.80.
GBP | GBP 1,478,798.92 were purchased at a rate of J$148.0187, down 49 cents on Tuesday and GBP 1,112,854.53 were sold at J$149.662, down $1.08. The highest buy rate for the Pound was J$150.50 which was 50 cent less than Tuesday and the lowest buy rate was 62 cents less at J$121.1. On the sell side, the highest selling rate for the Pound was J$153.02 which was lower than Tuesday by J$3.90 cents and the lowest sell rate was $0.55 cents less than Tuesday, at J$145.90.
Overall the market traded the equivalent of US$26,983,184.49 and sold the equivalent of US$26,358,984.87.