Canadian dollar steadies despite drop in oil prices

2021-01-13 18:21:53 GMT (Economies.com)
Canadian dollar steadies despite drop in oil prices

The Canadian dollar held against most of its major peers on Wednesday, despite a drop in oil prices, which is one of Canada's main exports.

 

The coronavirus pandemic is still casting a shadow over the world, as the number of infections is near 100 million cases worldwide, with a death toll of nearly 2 million victims.

 

As of 17:11 GMT, WTI crude February futures fell 0.7% to $52.8 a barrel, after hitting a day high of $53.9 and a low of $52.5.

 

Brent March futures fell 1% to $56 a barrel, after hitting a high of $57.4 and a low of $55.7.

 

As of 17:33 GMT, CAD/USD held at 0.7869, with a high of 0.7872 and a low of 0.7845.

 
 
 
  Symbol Last Change Chg.%
1.2125
0.0060
0.4952%
1.3671
0.0122
0.8997%
Tadawul
8878.30
-29.61
0.33%
25.739
0.834
3.347%
53.001
0.701
1.340%
56.08
-0.23
0.41%
1868.805
32.690
1.780%
 
 
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