Wed, 06 Mar 2013 19:00:05 GMT
The Canadian Dollar reached its weakest level in eight months versus the U.S. Dollar
The Canadian Dollar reached its weakest level in eight months versus the U.S. Dollar after the Bank of Canada stated that in the nearest future it would not raise-up interest rates due to inflation, that is slowing more than it was expected. The loonie dropped 0.5% to C$1.0305 versus the greenback after previously depreciating 0.7%. One Canadian Dollar buys 97.04