US$10m more sold than bought

Dealers again sold more foreign exchange than they bought on Thursday, similar to Tuesday and Wednesday. At the close of trading, US$8 million more of all foreign currencies were sold than the amounts bought. The net sale of US dollar currency, amounted to $10 million.
Purchases of all currencies by dealers, translated to US$30,400,269 compared with the US$33,677,040, on Wednesday and selling amounted the equivalent of US$38,333,066 versus US$52,309,853 sold on Wednesday.
In US dollar trading, dealers bought US$26,474,381 compared to US$29,144,721 on Wednesday. The buying rate for the US dollar climbed 10 cents to $115.32 and US$36,376,817 was sold versus US$48,604,969 on Wednesday, the selling rate rose 3 cents to $115.80. The Canadian dollar buying rate dropped 61 cents to $90.65 with dealers buying C$1,327,874, and selling C$568,224, at an average rate that climbed 45 cents, to $92.49. The rate for buying the British Pound gained $1.15 to $174.20 for the purchase of £1,099,040, while £469,471 was sold, at an average rate of $175.77, a rise of $1.24. At the end of trading it took J$132.26 to purchase the Euro, 27 cents lower than on Wednesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.66 for a decline of 31 cents from Wednesday. Other currencies bought, amounted to the equivalent of US$1,221,793 while the equivalent of US$789,800, was sold.
Highs & Lows| The highest buying rate for the US dollar, fell 10 cents to $115.90. The lowest buying and the highest selling rates were unchanged at $94.36 and $120.91 respectively. The lowest selling rate declined $18.64 to $94.36. The highest buying rate for the Canadian dollar eased by 40 cents to $93.60, the lowest buying rate rose 29 cents to $73.25. The highest selling rate put on $20.04 to $115.65 and the lowest selling rate is up 35 cents to $88.25. The highest buying rate for the British Pound, gained 48 cents to $176.50. The lowest buying rate gained $1.16 to $140.89, the highest selling rate rose $1.66 to $181.63 and the lowest selling rate increased $1.40 to $169.75.