Loonie Climbs After BoC Decision
11 July 2018 - 8:03PM
RTTF2
As expected, the Bank of Canada raised rates by a quarter-point
to 1.50 percent from 1.25 percent. Following the decision, the
loonie strengthened against its major rivals.
The loonie was trading at 84.87 against the yen, 1.5385 against
the euro, 1.3097 against the greenback and 0.9696 against the
aussie around 10:02 am ET.
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