Thursday, May 10, 2007

Canadian Dollar Declines as Trade Surplus Unexpectedly Narrowed in March

(Bloomberg) -- Canada's dollar dropped as the nation's trade surplus unexpectedly narrowed in March.

The surplus totaled C$4.6 billion ($4.19 billion) from C$5.2 billion in February, Statistics Canada said today in Ottawa. Economists forecast a surplus of C$5.5 billion, according to the median estimate in a Bloomberg survey.


Read more at Bloomberg Currencies News

No comments: