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Yen slides as Russia sanctions seen as modest NEW YORK: The safe-haven yen fell broadly on Monday after the United States and the European Union imposed what investors perceived to be modest economic sanctions on some officials of Russia and Ukraine following Crimea's vote to join Moscow over the weekend.Although investors are not ruling out another flare-up in tensions between Russia and Ukraine, many do not expect contagion to major markets. The lack of military conflict between the two countries has also appeased investors.Over 95 percent of Crimean voters chose in a Sunday referendum to join Russia, an outcome denounced by Western powers and Kiev as illegal and a sham.As a result, the United States on Monday announced sanctions on 11 Russians and Ukrainians blamed for Russia's military incursion into Crimea, including two top aides to Russian President Vladimir Putin. The U.S. order freezes any assets in the United States and bans travel to the 11 individuals named ...

C$ firms as risk aversion fades after Crimea vote TORONTO: The Canadian dollar strengthened against the greenback on Monday on market relief that the referendum in Crimea on Sunday passed without major incident, making investors less averse to risk.Crimea formally applied to join Russia on Monday after the result of referendum, which Ukraine called illegal, was strongly in favor of seceding from Ukraine. European Union foreign ministers met to decide on sanctions against Russian and Crimean officials held responsible for Moscow's military seizure of ...
C$ weakens as Ukraine vote nears TORONTO: The Canadian dollar weakened against the greenback on Friday, retreating from a strong gain the previous session, as worries ahead of a referendum in Crimea on separating from Ukraine prompted investors to push into safer assets.The only domestic economic data that had been on tap for the day showed the ratio of Canadian household debt to income in the fourth quarter of last year slipped to 164 percent after hitting a record high in ...
C$ ends little changed despite mounting China concerns TORONTO: The Canadian dollar was little changed against the US currency on Tuesday, even as market players eyed a sharp fall in commodity prices driven by concerns about China's growth outlook.Canada's currency is sensitive to volatility in resource-related industries given the country's heavy reliance on mining and oil and natural gas for much of its export revenue."It's symptomatic of the broader market malaise," said Adam Button, currency analyst at ForexLive in Montreal. "Some worries about ...
Latam currencies drop on China concern, stocks steady RIO DE JANEIRO: Latin American currencies extended their recent slide on Tuesday on lingering concern about falling Chinese demand for the region's commodities exports, but stock indexes steadied after a recent sell-off.Chile's peso led losses among regional currencies, falling 0.8 percent to its weakest in nearly five years, after prices of copper, the country's main export, tumbled to three-year lows.The Brazilian real closed 0.6 percent weaker in its fourth straight session of losses, even as ...
C$ eases modestly as Chinese trade data drags TORONTO: The Canadian dollar was marginally softer against the US dollar on Monday as Chinese exports unexpectedly sank in February, sparking fears about the outlook for China, the world's second-largest economy and one of the biggest buyer of commodities.Chinese exports fell 18 percent from a year ago, swinging the trade balance into deficit. The Lunar New Year holiday was blamed for the sharp decline, though the data followed a series of factory surveys this year ...
Dollar, euro hold steady amid Ukraine worries NEW YORK: The dollar traded virtually unchanged against the euro and yen Monday amid fresh worries about the Japanese and Chinese economies and ongoing tensions in Ukraine.At 2100 GMT the euro was at $1.3875, compared to $1.3874 late Friday. The dollar bought 103.26 yen, barely up from 103.24, while the euro was at 143.28 yen, compared to 143.31 yen Friday.The greenback was flat against the Swiss franc. at 0.8777 franc per dollar.Only the British pound ...

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln