Friday, June 29, 2007

Canada's Dollar Advances to 30-Year High as Crude Oil Price Extends Gain

(Bloomberg) -- The Canadian dollar fell from a 30-
year high after a report showed the nation's economic growth was
flat in April.

Canada's currency traded at 94.38 U.S. cents at 8:32 a.m.
in Toronto, from 94.39 U.S. cents yesterday. One U.S. dollar
buys C$1.0596. The currency earlier touched C$1.0471, the
strongest since May 1977 as crude oil prices rose.


Read more at Bloomberg Currencies News

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