By Commodity News Service Canada
Winnipeg, March 11 – The Canadian dollar opened Tuesday relatively
unchanged against its US counterpart, as markets remained cautious in
the face of international tensions between Russia and Ukraine.
The Canadian government has announced a free-trade deal with South
Korea, one that promises to eventually eliminate most tariffs. However
some agricultural barriers won’t disappear for 10 years or more.
Crude oil was down which put some pressure on the currency said
analysts.
At 9:40 CDT Tuesday, the Canadian dollar was at US$0.9023 or
US$=C$1.1083 which compares with Monday’s North American close of US
$0.9008, or US$=C$1.11.01.
The TSX was down 0.06 points Tuesday morning at 9:40 CDT, to sit
at 14,302.00.
