Canadian dollar hits six-week high as investors cheer reopening of China’s borders

المملكة العربية السعودية أخبار أخبار

Canadian dollar hits six-week high as investors cheer reopening of China’s borders
المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين
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Loonie at 74.59 U.S. cents

strengthened to its highest level in more than six weeks against its U.S. counterpart on Monday, as investors grew more optimistic about the global economy and domestic data showed building permits rebounding in November.

U.S. crude prices were up nearly 3 per cent at $75.96 a barrel. Oil is one of Canada’s major exports. It follows data on Friday showing that the Canadian economy added much more jobs than expected in December, boosting expectations for a quarter-point interest rate hike by the Bank of Canada later this month.

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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