RTRS: CANADA FX DEBT-C$ hits highest level since mid-October
Canada's currency shot to its highest level in more than seven months on Wednesday, lifted by strong oil prices, equities and domestic inflation data that was seen making it less likely that the Bank of Canada will embark on quantitative easing.
The Canadian dollar rose to C$1.1399, or 87.73 U.S. cents, its highest level since Oct. 14. On Tuesday, the currency finished at C$1.1563 to the U.S. dollar, or 86.48 U.S. cents.
