Canadian Dollar appreciates on better than expected growth data

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Source: Bloomberg
The Canadian Dollar, also known as Lonnie, gained by 0.4% to 99.72 cents per U.S. Dollar in the end of Toronto trading session on Thursday. The last session as the Lonnie was stronger than American counterpart was January 23. The Canadian Dollar was valued positively by investors as government announced better than expected economic growth in November. Domestic economy grew by 0.3%, following a 0.1% gain in the previous month.
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