Loonie sinks below 73 cents US as oil drops to new 6-year low under $37 a barrel
原始发布日期： 2015-12-11 发布者：中和字变大 字变小
Oil now taking aim at recessionary lows, dragging Canadian dollar to lowest since May 2004 Oil has fallen below $37 a barrel for the first time in more than six years on Friday. (Andrey Rudakov/Bloomberg) The price of a barrel of crude oil dropped to yet another six-year low Friday, losing 80 cents to trade at $35.95 US and taking the Canadian dollar down with it.Crude prices are now only about $2 away from their recession low, when a barrel of WTI bottomed out at $33.98 in February 2009. The Canadian dollar was also dragged down in the process, dipping as low as $72.95 on Friday morning before recovering somewhat to hover just above the 73-cent level. The loonie has repeatedly broken a series of 11-year lows this month on its downward slide. Friday's low is the lowest point for Canada's dollar since May 2004, when the currency went as low as 71 cents. |