October 29, 2012 / 11:55 AM / 5 years ago

Canadian dollar touches parity with U.S. greenback for first time since August

TORONTO (Reuters) - The Canadian dollar weakened to parity with its U.S. counterpart on Monday, for the first time since August, as downbeat corporate earnings hurt the global growth outlook.

At 7:36 a.m. the Canadian dollar was trading at C$0.9997 to the greenback, or $1.0003, compared with C$0.9980, or $1.0020, at Friday’s North American close.

Earlier on Monday, the Canadian dollar touched 1.000 to the U.S. dollar.

Reporting by Alastair Sharp Editing by W Simon

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