US$ sell off on Wednesday

There was much more selling of US dollars and buying on Wednesday with purchases of all currencies by dealers, amounting to US$36,565,083 compared with the US$52,472,921, on Tuesday and selling amounted the equivalent of US$48,322,723 versus US$52,667,402 sold on Tuesday.
In US dollar trading, dealers bought US$33,977,211 compared to US$47,894,069 on Tuesday. The buying rate for the US dollar fell 9 cents to $115.37 and US$45,963,520 was sold versus US$50,135,525 on Tuesday, the selling rate fell 1 cent to $115.76. The Canadian dollar buying rate lost 66 cents to $89.68 with dealers buying C$864,019, and selling C$908,229, at an average rate that climbed $1.05, to $93.04. The rate for buying the British Pound declined $1.35 to $173.71 for the purchase of £821,183, while £669,848 was sold, at an average rate of $175.98, a fall of 2 cents. At the end of trading it took J$131.10 to purchase the Euro, 17 cents lower than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.78 for a gain of 6 cents from Tuesday. Other currencies bought, amounted to the equivalent of US$679,837 while the equivalent of US$610,927, was sold.
Highs & Lows| The highest buying rate for the US dollar, fell 20 cents to $115.75, the lowest buying rate declined 67 cents to $93.69 and the highest selling rate declined 54 cents to $120.37. The lowest selling rate jumped $18.90 to $110.10. The highest buying rate for the Canadian dollar rose $5.25 to $98, the lowest buying rate rose $2.78 to $76.24. The highest selling rate climbed $6.14 to $100.10 and the lowest selling rate rose $3.35 to $91.85. The highest buying rate for the British Pound, dipped $1.45 to $175.40. The lowest buying rate fell $1.12 to $139.77, the highest selling rate dropped $1.44 to $180.19 and the lowest selling rate declined $1.35 to $168.40.