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Canadian Dollar And Business Outlook

Published: March 31, 2014

By Commodity News Service Canada

Winnipeg, March 31 – The Canadian dollar was up Monday morning, after a reading of Canada’s economy came in above expectations.

Canada’s GDP rose 0.5% in January, the largest gain in six months.

At 8:40 CDT Monday, the Canadian dollar was at US$0.9075 or US$=C$1.1019 which compares with Friday’s North American close of US $0.9042, or US$=C$1.1060.

The TSX was up 81.88 points Monday morning at 8:40 CDT, to sit at 14,260.72.

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