Canadian Natural profit falls on foreign exchange loss

March 7 Thu Mar 7, 2013 5:18am EST

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March 7 (Reuters) - Canadian Natural Resources Ltd, Canada's No.1 independent oil producer, reported a 58 percent fall in fourth-quarter profit after booking a foreign exchange-related loss.

Net income fell to C$352 million ($341 million) or 32 Canadian cents per share, from C$832 million, or 76 Canadian cents per share, a year earlier.

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