Canada Dollar Reaches 11-Year Low as China Economic Growth Slows

  • Crude oil, biggest export, trading at half year-ago price
  • Loonie follows commodity currencies around the world lower

The Canadian dollar fell to an 11-year low after signs of slowing growth in China added to speculation there will be no quick recovery from the collapse in commodity prices that already led the economy to contract during the first half of the year.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.