CANADA FX-C$ hits six-month low after weak inflation data

Fri Jan 25, 2013 8:40am EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO Jan 25 (Reuters) - The Canadian dollar extended sharp losses against the U.S. dollar on Friday to hit a six-month low after weaker-than-expected domestic inflation data.

The currency hit C$1.0092 to the U.S. dollar, or $0.9909 soon after the data release, compared to C$1.0065 just before and a Thursday close of C$1.0029. The drop marked its weakest level since July 27.