Friday, 18 May 2007

UPDATE 1-Canada March retail sales jump by 1.9 percent

(Reuters) - The Canadian dollar jumped to a 29-year high on the report,
which reinforced the market's impression that Canadian interest
rates could rise in the future. The currency was at C$1.0919 to
the U.S. dollar, or 91.58 U.S. cents.




The central bank next sets rates on May 29.


Read more at Reuters.com Economic News

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