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Markets

C$ soars to strongest level since Sept. 2011

Published Updated

canadian-dollars 400TORONTO: The Canadian dollar touched its strongest level in nearly a year on Friday after Canadian employment data showed the economy added a higher-than-expected 34,300 jobs in August.

Canada's dollar firmed to C$0.9778 against the greenback, or C$1.0227, from C$0.9818, or $1.0185 just before the data was released. This was the currency's strongest level since Sept. 19, 2011.

Copyright Reuters, 2012

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