C$ stronger than US$ for first time since May

TORONTO: Canada's dollar traded at a stronger level than the US currency on Friday for the first time in more than 2 months as investors remained hopeful that central banks around the globe would take action to prop up their economies.

The Canadian dollar rose to C$0.9997 against the US currency, or $1.0003. It was the first time it traded through parity with the greenback since May 15. On Thursday, the currency finished at C$1.0072 against the US currency, or 99.29 US cents.