UPDATE 2-Canada current account deficit hits record high

Newswire

* Q1 current account deficit hits record high * Surplus in goods trade lowest in 31 years * Canadian dollar rises to 7-month high * Deficit seen smaller in coming quarters (Adds market reaction, analysts' comments, details) By Louise Egan OTTAWA, May 29 (Reuters) - Canada's current account deficit hit a record high in the first quarter because of tumbling exports, but it came in lower than expected and that helped boost the Canadian dollar. The deficit reached C$9.06 billion ...

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