Canadian Financial Close: C$ holds steady

By Commodity News Service Canada

WINNIPEG, Oct. 28 (CNS Canada) – The Canadian dollar settled near unchanged on Friday, lacking any clear direction ahead of the weekend.

The Canadian dollar closed at US$0.7472 or US$1=C$1.3384, which compares with Thursday’s close of US$0.7470, or US$1=C$1.3387.

Losses in crude oil did put some pressure on the energy-linked currency. However, activity in the Canadian dollar remained subdued on Friday.

The S&P/TSX Composite Index was weaker on Friday, losing 48.46 points, or 0.33%, to close at 14,785.29.

Canada’s agricultural sector faired as follows:
AGT Food and Ingredients—–up $ 0.21 at $ 37.82
Agrium Incorporated———-dn $ 0.22 at $124.50
Buhler Industries———— $ 0.00 at $ 4.45
Maple Leaf Foods————-up $ 0.17 at $ 30.54
Potash Corp. of Sask———up $ 0.03 at $ 22.06
(All figures are in Canadian dollars.)

explore

Stories from our other publications