Canadian Dollar advances amid Flaherty budget deficit plans

Note: This section contains information in English only.
Source: Bloomberg
The loonie climbed the most in a one week versus its U.S. counterpart after Minister of Finance Jim Flaherty indicated that he planned to cut down the state's budget deficit and swing into surplus before the election in 2015. The Canadian Dollar gained 0.1% to C$1.0252 per greenback, while it lost ground versus the currencies of fellow commodity-exporting countries, dropping 1.3% against the N.Z. Dollar to 85.25 Canadian cents and 0.5% versus the Aussie to 93.44 Canadian cents.

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