Loonie rises to 13-month high versus greenback

Note: This section contains information in English only.
Source: Bloomberg
The Canadian Dollar rose to the highest level in 13 months against the U.S. Dollar as the Fed announced a third round of bond purchases to stimulate economic growth in Canada's largest trading partner. The Loonie strengthened 0.8% to 96.85 cents per greenback. It fetched 96.65 cents, the strongest since August 2011. Canada's Dollar bought $1.0325. 
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Fri, 14 Sep 2012 07:06:52 GMT

S&P upgraded South Korea's credit rating

One of the leading credit rating agency Standart & Poor's increased its long-term credit rating on South Korea. Agency changed rating to A+/AA from A/A+, also increasing county's outlook to stable. According S&P's representatives, new rating reflects reduced political or military confrontation risk in the Korean peninsula after leadership has changed in North Korea.

Fri, 14 Sep 2012 08:32:53 GMT

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