Loonie advances to highest in four weeks

Source: Bloomberg
© Scanpix/Agence France-Presse
The Loonie reached its highest level in four weeks versus its U.S. counterpart on speculations that the Canada's central bank might raise the interest rates earlier than predicted as the North America's economy is growing. The Canadian Dollar appreciated 0.5% to C$1.0159 per U.S. Dollar as of 5 p.m. Toronto time after reaching C$1.0150 per U.S. Dollar, its highest level in a month.

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