(Bloomberg) -- Canada's dollar reached a 30-year
high on optimism foreign takeovers of the nation's resource-
based assets will fuel currency demand.
The Canadian dollar traded at 92.32 U.S. cents at 8:54 a.m.
Toronto time, after earlier touching 92.44 U.S. cents, the
highest since Oct. 4, 1977, from 92.04 U.S. cents yesterday. One
U.S. dollar buys C$1.0832.
Read more at Bloomberg Currencies News
high on optimism foreign takeovers of the nation's resource-
based assets will fuel currency demand.
The Canadian dollar traded at 92.32 U.S. cents at 8:54 a.m.
Toronto time, after earlier touching 92.44 U.S. cents, the
highest since Oct. 4, 1977, from 92.04 U.S. cents yesterday. One
U.S. dollar buys C$1.0832.
Read more at Bloomberg Currencies News
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