Canadian dollar hits highest since October on Greece deal

Thu Feb 9, 2012 9:41am EST
 
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TORONTO (Reuters) - Canada's dollar rose to its strongest level since late October against its U.S. counterpart on Thursday as news a Greek bailout package had been reached fueled investor hunger for riskier assets.

The Canadian dollar firmed to C$0.9925 to the U.S. currency, or $1.0076, its strongest since October 31. On Wednesday, the currency finished at C$0.9961 to the U.S. dollar, or $1.0039.

(Reporting By Jennifer Kwan; Editing by Jeffrey Hodgson)