The following is excerpted from the 19 April 2011 edition of CBC News.

The Canadian dollar made its biggest one day gain since February 1 Tuesday, as currency traders speculated rising inflation will increase the odds the Bank of Canada will hike interest rates in July.

The dollar was closed up 0.84 of a cent at 104.55 cents US. It reached 104.96 on April 8, its highest level since November 2007...

This article is available in its entirety on the CBC News website at:

http://www.cbc.ca/news/business/story/2011/04/19/dollar-up-inflation-rate-increase.html

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