Canada Dollar Reaches 11-Year Low as China Economic Growth Slows

The Canadian dollar fell to an 11-year low after signs of slowing growth in China added to speculation there will be no quick recovery from the collapse in commodity prices that already led the economy to contract during the first half of the year.

The currency followed the decline in peers from other commodity exporters, from Brazil to Australia, after a private Chinese manufacturing gauge fell to the lowest in 6 1/2 years, underscoring challenges facing the world’s second largest economy. China is the second biggest importer of Canadian goods after the U.S.

Link To Article

Leave a Reply

Canada Dollar Reaches 11-Year Low as China Economic Growth Slows

 Sign Up for Our News Letter Below:

Title: Sign Up NewsLTR
Enter valid email address.
First
Last
NewsLTR Sign Up

Canada Dollar Reaches 11-Year Low as China Economic Growth Slows

Recent Posts

Title: Recent Posts
Recent Posts

Canada Dollar Reaches 11-Year Low as China Economic Growth Slows

Blog Categories

Title: Blog Categories
Blog Categories

Canada Dollar Reaches 11-Year Low as China Economic Growth Slows

Contact Us

Cultural Action Party of Canada
Vancouver, British Columbia, Oh Canada!

Contact Us: capforcanada1@gmail.com

Address

Get Free Info Pack

Contact Form
CAPC Social2

Facebook

Get the Facebook Likebox Slider Pro for WordPress
%d bloggers like this: