By Commodity News Service Canada
WINNIPEG, March 24 – The Canadian dollar fell lower against its US counterpart on Thursday as commodity-linked currencies around the globe softened due to falling oil prices.
The Canadian dollar closed at US$0.7553 or US$1 = 1.3240 on Thursday. Which compares with Wednesday’s close of US$0.7568 or US$1 = 1.3214.
The Standard & Poor’s/TSX Composite Index declined on worries that some loans made by big banks to the Canadian oil sector won’t get repaid.
The S&P/TSX Composite Index dipped 21.37 points, or 0.16%, to 13,358.11.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.21 at $ 38.80
Agrium Incorporated———-dn $ 1.50 at $118.57
Buhler Industries————dn $ 0.01 at $ 4.85
Maple Leaf Foods————-dn $ 0.24 at $ 26.99
Potash Corp. of Sask———dn $ 0.30 at $ 22.63
(All figures are in Canadian dollars.)
