Loonie advances as manufacturers' prices rose

Note: This section contains information in English only.
Source: Bloomberg
The Canadian Dollar rose versus its U.S. counterpart, snapping its 5-day losing streak as manufacturers' prices increased for the first time since April due to Hurricane Sandy that forced to close U.S. stock and bond markets for 2 days. Canada's Dollar gained 0.2% to 99.92 per U.S. Dollar cents. The loonie advanced along with oil and global stocks on rising risk-appetite. 
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Wed, 31 Oct 2012 08:13:00 GMT

FDI in India falls by 20% in August

Foreign direct investment in India fell by 20% to $2.26 billion in August from $2.83 a year earlier. During April-August period the FDI inflows slipped by 60% to $8.16 from $20.63 billion in the preceding year, according to the Department of Industrial Policy and Promotion. Fall in foreign investment increases pressure on India's balance of payments and could also have

Wed, 31 Oct 2012 08:52:03 GMT

Aussie, Kiwi stay higher on building approvals data

The New Zealand and Australian Dollar stayed higher following data that showed better-than-anticipated building approvals for the countries. The Aussie Dollar gained 0.1% to $1.0375 from yesterday and added 0.1% to 82.60 yen. The kiwi bought 82.10 U.S. cents from 82.08, set for a 1.1% drop in October. 

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