C$ jumps to 7-month high above 91 US cents

Fri May 29, 2009 1:16pm EDT
 
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TORONTO May 29 (Reuters) - Canada's currency raced to its loftiest level versus the U.S. currency since early October on Friday afternoon, rising on a surge in commodity prices and upbeat U.S. economic data that sideswiped the greenback.

The Canadian dollar rose as high as C$1.0898 to the U.S. dollar, or 91.76 U.S. cents, which marked its highest level since Oct 6. (Reporting by Frank Pingue; editing by Peter Galloway)