Dealers sold a net of US$10 million on Thursday following net sales on Wednesday. Purchases of all currencies by dealers amounted to US$26,379,747 equivalent, compared with US$38,067,788, on Wednesday and selling of the equivalent of US$36,916,377 versus sale of US$46,321,683, on the previous trading day.
In US dollar trading, dealers bought US$23,763,336 compared to US$33,626,651 on Wednesday. The buying rate for the US dollar slipped 14 cents to $114.26 and US$35,159,008 was sold versus US$43,174,147 on Wednesday, the selling rate rose 3 cents to end at $114.99. The Canadian dollar buying rate rose 25 cents to $89.88 with dealers buying C$1,176,154, and selling C$625,704, at an average rate that gained just 37 cents to $91.73. The rate for buying the British Pound fell $1.38 to $167.86 for the purchase of £1,057,806, while £799,298 was sold, at an average rate of $169.54, for a $1.35 decline. At the end of trading it took J$124.06 to purchase the Euro, 78 cents less than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$121.60 for a fall of 85 cents on Wednesday’s rate. Other currencies bought, amounted to the equivalent of US$137,089 while the equivalent of US$79,688, was sold.
Highs & Lows| The highest buying rate for the US dollar, remained at $115.10. The lowest buying rate dropped $7.77 to $86. The highest selling rate remained at $120.16 and lowest selling rate jumped $8.23 to $102. The highest buying rate for the Canadian dollar rose 30 cents to $92, the lowest buying rate was unchanged at $72.63, but the highest selling rate fell $1.10 to $94.40 with the lowest selling rate rising $1.50 to $89. The highest buying rate for the British Pound, fell 10 cents to $171.20, the lowest buying rate was unchanged at $136.95 but the highest selling rate dropped $3.23 to $173.32 and the lowest selling rate rose $1.30 to $166.30.
US$ holds below J$115 Thursday
April 9, 2015 by
