(Bloomberg) -- The Canadian dollar rose to a 30-year
high after a government report showed the economy grew in the
first quarter at its fastest pace in almost two years, gaining
momentum as the U.S. slowed.
The currency rose to 93.53 U.S. cents at 11:50 a.m. in
Toronto from 93.09 U.S. cents yesterday. It touched 93.76 U.S.
cents, the highest since July 28, 1977. One U.S. dollar buys
C$1.0692.
Read more at Bloomberg Currencies News
high after a government report showed the economy grew in the
first quarter at its fastest pace in almost two years, gaining
momentum as the U.S. slowed.
The currency rose to 93.53 U.S. cents at 11:50 a.m. in
Toronto from 93.09 U.S. cents yesterday. It touched 93.76 U.S.
cents, the highest since July 28, 1977. One U.S. dollar buys
C$1.0692.
Read more at Bloomberg Currencies News
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