Loonie tops 90 cents
The Canadian dollar vaulted over 90 cents (U.S.) today, extending gains on the back of rising commodity prices, souring sentiment against the U.S. dollar and robust global investment demand.
The loonie rose as high as 90.37 cents and is now trading at its highest level since Jan. 26, 1978.
It's been one of the world's top-performing currencies against the U.S. dollar over the past week. In the past month, the loonie has posted the second-largest monthly increase in 55 years, according to a report yesterday by National Bank Financial.
The loonie rose as high as 90.37 cents and is now trading at its highest level since Jan. 26, 1978.
It's been one of the world's top-performing currencies against the U.S. dollar over the past week. In the past month, the loonie has posted the second-largest monthly increase in 55 years, according to a report yesterday by National Bank Financial.
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