Monday, July 16, 2007

Canada's Dollar Approaches 30-Year High as Price of Crude Oil Advances

(Bloomberg) -- The Canadian dollar rose,
approaching a 30-year high, as the price of crude oil advanced,
boosting the outlook for the nation's export revenue.

The currency also strengthened before a government report
that may show manufacturing shipments strengthened in May.


Read more at Bloomberg Currencies News

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