TORONTO - The Canadian dollar opened at 97.46 cents US, up 0.03 of a cent from Tuesday's close.

The U.S. dollar stood at C$1.0261, down 0.03 of a cent.

Pound sterling was worth C$1.5316, down 0.80 of a cent and US$1.4926, down 0.74 of a cent.

The euro was worth C$1.3970, up 0.06 of a cent.

(Quotations provided by BMO Capital Markets)