December 20, 2011 / 12:22 PM / 6 years ago

Loonie weakens after Canadian inflation data

TORONTO (Reuters) - Canada's currency weakened slightly against its U.S. counterpart on Tuesday after data showed Canada's annual inflation rate held at 2.9 percent in November.

At 7:05 a.m., the Canadian dollar weakened to C$1.0335 to the U.S. dollar, or 96.76 U.S. cents. It was trading around C$1.0328 just before the data.

Reporting By Jennifer Kwan; Editing by Jeffrey Hodgson

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below