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Canada: Currency swept up in commodities crash

Posted on 23 October 2008

From Financialpost.com: The Canadian dollar plunged another US2.69 cents Wednesday, the victim of a global commodities crash that is leaving an ever-widening trail of destruction in its wake.

While the credit crisis has left the global banking system teetering and the stock market crash has crushed investor portfolios, the slide in commodity prices is having even more far-reaching effects on everything from currencies, to government balance sheets, to geopolitics….. Full Article: Source


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VRS - who has written 38109 posts on Opalesque Commodities Briefing.


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