Canadian Dollar (CAD) on a ride against major currencies

K.T.Jagannathan

The Canadian dollar (CAD) is trading higher against most major currencies.

CAD was up against the U.S. dollar, British pound, Japanese yen, Chinese Yuan, and the Indian rupee.

CAD was trading at 56.1608 against the Indian rupee at 3.13 p.m. GMT. It was up from the previous close of 55.8813 against the rupee.

The Canadian dollar was trading firm at 0.767) against the American dollar at 3.14 p.m. The previous closing rate was 0.764.

Against the British pound, it was ruling at 0.5747, up from the previous close of 0.5724.

Even against the Euro, the CAD was trading higher at 0.6424 around 3.18 p.m., up from the previous close of 0.6416.

The Chinese currency Yuan was trading lower against CAD at 5.2507 around 3.19 p.m. as against the previous close of 5.2453. At 3.20 p.m. the Japanese Yen too was trading lower against CAD at 81.3078 when compared to the previous close of 80.7365.