By Commodity News Service Canada
WINNIPEG, Jan. 29 (CNS Canada) – The Canadian dollar was stronger Friday morning, as advances in crude oil and favourable domestic economic data helped underpin the currency.
At 9:00 CST Friday morning the Canadian dollar was at US$0.7142 or C$1.4002 which compares with Thursday’s North American close of US$0.7118 or C$1.4048.
Canada’s real gross domestic product rose 0.3 per cent in November, primarily as a result of increases in wholesale and retail trade, oil and gas extraction as well as manufacturing, Statistics Canada said in a report on Friday.
The TSX was stronger, up 45.59 points at 9:00 CST to sit at 12,637.52.
