(Bloomberg) -- The Canadian dollar surged to the
strongest in 30 years as the price of crude oil traded near an
11-month high, boosting the outlook for the nation's export
revenue.
The currency extended its gains after its climb above
C$1.0440 triggered pre-set buy orders, traders said. Commodities
account for about half of Canada's exports.
Read more at Bloomberg Currencies News
strongest in 30 years as the price of crude oil traded near an
11-month high, boosting the outlook for the nation's export
revenue.
The currency extended its gains after its climb above
C$1.0440 triggered pre-set buy orders, traders said. Commodities
account for about half of Canada's exports.
Read more at Bloomberg Currencies News
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