By Commodity News Service Canada
Winnipeg, August 14 – The Canadian dollar dropped against its US counterpart on Monday morning, weighed down by losses in crude oil and gold bullion.
World markets were showing some signs of stabilizing after last week’s political unrest between North Korea and the United States.
At 8:45 CDT Monday morning the Canadian dollar was at US$0.7869 or C$1.2708 which compares with Friday’s North American close of US$0.7883 or C$1.2685.
At 8:45 CDT Monday morning, the TSX was down 40.87 points, or 0.27%, at 15,033.38.
