Friday, June 1, 2007

Canada's Dollar Rises to 30-Year High as Harper Says Gain Reflects Growth

(Bloomberg) -- The Canadian dollar strengthened to a
30-year high after Prime Minister Stephen Harper said the
Canadian dollar's appreciation reflects an improving economy.

The currency rose to 93.78 U.S. cents at 8:20 a.m. in
Toronto from 93.55 U.S. cents yesterday. It touched 93.79 U.S.
cents, the highest since July 27, 1977. One U.S. dollar buys
C$1.0661.


Read more at Bloomberg Currencies News

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