C$ hits one-week low as oil prices extend decline

TORONTO: The Canadian dollar weakened to a one-week low against its US counterpart on Thursday as oil prices added to a sharp decline the day before, while domestic data showed that non-farm payroll jobs rose for the eighth consecutive month.

Canada added 28,800 jobs in September, helped by a pickup in hiring in the trade, education and health care industries, according to a report from ADP. The number of jobs added in August was revised higher to 42,700 from 13,600.

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