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CANADA FX-C$ hits weakest point since August
January 25, 2013 / 1:01 PM / 5 years ago

CANADA FX-C$ hits weakest point since August

TORONTO, Jan 25 (Reuters) - The Canadian dollar fell its lowest level in almost six months against its U.S. counterpart on Friday, accelerating a retreat that started when the Bank of Canada said it would push back the likely date when it will starts to interest rates.

At 7:50 a.m. (1250 GMT) the Canadian dollar was trading at C$1.0065 to the greenback, or $0.9935, down from C$1.0029, or $0.9971, at Thursday’s North American close.

The currency is on track for its worst weekly performance since March.

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