Markets

Canadian dollar weakens to session low after soft retail sales

Published February 20, 2015 Updated February 20, 2015 02:12pm

1 min

By Shoaib Ur Rehman

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TORONTO: The Canadian dollar weakened to session low on Friday after data showed retail sales dropped by a more-than-expected 2.0 percent in December, the largest decline since April 2010.

The currency weakened to C$1.2531 against the US dollar, or 79.80 US cents, from its close at C$1.2498 to the greenback, or 80.01 US cents on Thursday.

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