By Commodity News Service Canada
WINNIPEG, March 22 – The Canadian dollar was slightly firmer Friday morning, as the global financial markets continued to follow the economic situation in Cyprus closely.
At 9:25 CDT Thursday morning the Canadian dollar was at US$0.9775 or C$1.0230 which compares with Thursday’s North American close of US$0.9763, or C$1.0243.
Lawmakers in Cyprus were said to be close to coming up with a new plan to help keep the Mediterranean island nation from going into bankruptcy.
There were no significant domestic economic releases on Friday, and Thursday’s federal budget was not seen as having much of an impact on the currency.
The TSX was stronger Friday morning, up 43.33 points at 9:35 CDT to sit at 12,791.20.
