WINNIPEG, Sept. 25 (MarketsFarm) – The Canadian dollar was weaker on Friday, hitting its lowest levels in seven weeks relative to its United States counterpart amid heightened concerns over a second wave of COVID-19.
The Canadian dollar closed at US$0.7465 or US$1=C$1.3396, which compares with Thursday’s North American close of US$0.7477 or US$1=C$1.3374.
West Texas Intermediate crude oil was slightly weaker, losing 0.5 per cent, at US$40.12 per barrel.
The TSX Composite Index was stronger, up 153.09 points, or 0.96 per cent, to close at 16,065.35 points.
Canada’s agricultural sector performed as follows:
Buhler Industries—————- $ 0.00 at $ 2.39
Linamar Corp.——————–dn $ 0.03 at $ 38.00
Maple Leaf Foods—————–up $ 0.65 at $ 27.63
Nutrien Ltd.———————up $ 0.04 at $ 53.17
Ritchie Bros Auctioneers Inc.—-up $ 1.91 at $ 77.70
Rocky Mountain Dealerships Inc.–dn $ 0.20 at $ 5.27
(All figures are in Canadian dollars.)