Posted AT 6:51 PM EST on 06/07/07
Loonie tops 30-year high
The Canadian dollar roared to its highest level in more than three decades Friday after a strong jobs report boosted the likelihood of higher interest rates.
The loonie climbed more than a full cent against its U.S. counterpart, topping the 95-cent (U.S.) mark, and was one of the strongest performers in the world Friday.
The currency rose after a report showed the economy created more than twice as many jobs as expected.
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