Canadian Dollar at monthly low

Source: Bloomberg
© Scanpix/Reuters
The Canadian Dollar reached the weakest point in less than a month after the nation's Central Bank said that inactivity in the country's economy will create a temporary boost for inflation. The Loonie depreciated 0.3% to C$1.0794, which is the lowest level since June 20. The currency got back up after Stephen Poloz refrained from commenting on the strength of the Canadian Dollar.


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