Loonie Rises After BoC Decision
June 07 2023 - 6:11AM
RTTF2
The Bank of Canada raised its key rate by 25 basis points to
4.75 percent unexpectedly. Following the decision, the loonie
advanced against its major counterparts.
The loonie was trading at 1.3446 against the greenback, 104.58
against the yen, 0.8851 against the aussie and 1.4351 against the
euro around 10:05 am ET.
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