You are here: Home » Reuters » News
Business Standard

Canadian dollar up on NAFTA agreement, Nikkei hits 27-year high

Reuters  |  TOKYO 

By Hideyuki SanoTOKYO (Reuters) - The Canadian dollar and the Mexican peso rose and Japanese shares hit 27-year highs on Monday after the United States and Canada reached a framework deal to update the North American Free Trade Agreement.A Canadian source confirmed the two countries reached a deal, with Canada agreeing to a side-letter arrangement effectively capping automobile exports to the United States.Japan's Nikkei rose as much as 0.8 percent to climb a tad above the 27-year high reached on Friday, and it ended the morning session 0.6 percent ahead.U.S. stock futures also gained 0.5 ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, October 01 2018. 08:39 IST
RECOMMENDED FOR YOU