BLBG: Canada’s Dollar Gains for a Second Day as Gold, Copper Advance
Canada’s dollar rose for a second day as commodities including gold and copper advanced, global stocks gained and China reiterated its call for a “super- sovereign” currency.
The Canadian currency rose 0.5 percent to C$1.1488 per U.S. dollar at 7:52 a.m. in Toronto, from C$1.1.1546 yesterday. One Canadian dollar buys 87.05 U.S. cents.
Canada relies on commodities for more than half its export revenue.