Friday, April 13, 2007

Canadian Dollar Reaches Highest Since November as Commodity Prices Advance

(Bloomberg) -- Canada's dollar reached the strongest since November on speculation that higher commodity prices will support the nation's economic growth and fuel demand for the currency.

The currency's advance was limited before a government report today that may show Canada's trade surplus in February narrowed. Commodities including oil account for 54 percent of the country's exports.


Read more at Bloomberg Currencies News

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