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Posted AT 10:04 PM EST on 31/10/07

Loonie at highest level on record

ROMA LUCIW , MARINA STRAUSS and GREG KEENAN AND PAUL WALDIE

Globe and Mail Update

The seemingly unstoppable Canadian dollar surged to its highest level yet Wednesday, topping 106.17 cents (U.S.). The record came just after 4 p.m., when official trading ended for the day. Officially, the dollar closed at 105.85 cents, up nearly a cent from Tuesday's close, but trading continues virtually around the clock. By cracking through 106 cents, the dollar topped what most observers believe to be the old record of 106.14 cents set on Aug. 20, 1957.

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TSX
DJIA
S&P
Nasdaq

Market	Change	Value
Data delayed 15 minutes
S&P/TSX	-864.41	8,406.21
DJIA	-679.95	8,149.09
S&P 500	-80.03	816.21
Nasdaq	-137.50	1,398.07

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Loonie at highest level on record

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The close: Investors look down

Technology

MOST POPULAR

Most Popular

Stocks plunge in broad selloff 4:22 PM 118

The world of work in 2018 2:21 PM 39

JPMorgan cutting 9,200 WaMu jobs 4:02 PM

U.S. recession began a year ago 12:59 PM 65

Ford puts Volvo up for sale 11:38 AM 64

Loonie closes down half a cent 5:54 PM 63

U.S. ignored warning to tighten lending rules 10:38 AM 21

Oil drops below $50 a barrel 3:23 PM 18

Canadian economy expands 1.3% 10:21 AM 88

The fall of the Celtic Tiger 26/11/08 4:02 AM 35

Opposition sets coalition terms 5:47 PM 926

Letter to the Governor General 5:21 PM

Spectre of defeat, hasty retreat put party in disarray 3:47 AM 487

Stocks plunge in broad selloff 4:22 PM 118

What Harper must do 1:51 PM 180

‘Stop the nonsense,' Stelmach tells Ottawa 5:49 PM 35

'Cynicism that would make Machiavelli envious' 12:04 PM 56

Spam 2.0 25/11/08 3:33 PM 20

The world of work in 2018 2:21 PM 39

Historic centre of Venice under water 10:12 AM 52

Opposition sets coalition terms 5:47 PM 926

Letter to the Governor General 5:21 PM

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Harper rising in ranks of out-of-touch prime ministers 5:24 AM 148

The humbling of a Prime Minister 12:11 AM 437

The world of work in 2018 2:21 PM 39

New beer aimed at brewing up support for Quebec sovereignty 4:44 AM 66

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