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Advertisement

 
BS: Canada Dollar Trades at Almost Two-Month High as Oil Nears $82
 
By Chris Fournier
March 10 (Bloomberg) -- Canada’s dollar traded near the strongest level in almost two months against its U.S. counterpart as crude oil, the nation’s largest export, approached $82 a barrel.
The currency strengthened as much as 0.1 percent to C$1.0251 against the U.S. dollar, from C$1.0261 yesterday, when it touched C$1.0236, the strongest since Jan. 15. It traded at C$1.0265 at 8:15 a.m. in Toronto. One Canadian dollar buys 97.42 U.S. cents.
--Editors: Greg Storey, Dave Liedtka
To contact the reporter on this story: Chris Fournier in Montreal at cfournier3@bloomberg.net
To contact the editor responsible for this story: Dave Liedtka at dliedtka@bloomberg.net
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