US$10m sell off on Thursday

There was more selling than buying foreign currencies by dealers on Thursday with purchases of all currencies, amounting to US$42,778,081 compared with the US$30,677,230, on Tuesday and selling of the equivalent of US$52,219,662 versus US$30,462,192 sold on Tuesday.
In US dollar trading, dealers bought US$38,951,367 compared to US$26,930,923 on Tuesday. The buying rate for the US dollar climbed 1 cent to $115.23 and US$49,786,691 was sold versus US$28,282,954 on Tuesday, the selling rate gained 2 cents to $115.69. The Canadian dollar buying rate dived 27 cents to $90.36 with dealers buying C$1,180,113, and selling C$586,622, at an average rate that rose 8 cents, to $92.62. The rate for buying the British Pound jumped $1 to $176.28 for the purchase of £1,775,831, while £933,879 was sold, at an average rate of $177.92, while it gained 44 cents. At the end of trading it took J$131.42 to purchase the Euro, 56 cents less than on Tuesday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.94 for 18 cents lower and on Tuesday. Other currencies bought, amounted to the equivalent of US$184,444 while the equivalent of US$527,064, was sold.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the highest selling rates remained at $115.90, $94.52 and $121.23 respectively. The lowest selling rate fell $18.18 to $95.02. The highest buying rate for the Canadian dollar rose $1 to $94, the lowest buying rate climbed 42 cents to $74.04. The highest selling rate fell 12 cents to $95.44 and the lowest selling rate gained 50 cents to $89.20. The highest buying rate for the British Pound, rose 65 cents to $178.50. The lowest buying rate climbed 17 cents to $142.76, the highest selling rate increased 21 cents to $184.04 and the lowest selling rate was up 20 cents to $172.