(Bloomberg) -- The Canadian dollar declined the
most in a week after crude oil prices slipped from a nine-month
high.
Commodities, such as oil, make up more than half of
Canada's exports. A 36 percent gain in crude oil prices since
they hit a recent low of $49.90 of Jan. 18 contributed to the
currency's 9 percent advance against the dollar this year.
Read more at Bloomberg Currencies News
most in a week after crude oil prices slipped from a nine-month
high.
Commodities, such as oil, make up more than half of
Canada's exports. A 36 percent gain in crude oil prices since
they hit a recent low of $49.90 of Jan. 18 contributed to the
currency's 9 percent advance against the dollar this year.
Read more at Bloomberg Currencies News
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