Loonie falls as BoC says weaker currency may help exports

Source: Reuters
Canada's Dollar declined on Thursday falling against its U.S. counterpart towards the weakest level since 2009 after the Bank of Canada claimed that the Loonie's depreciation may help increase exports from the country. The Canadian Dollar has decreased almost 5% versus the U.S. Dollar this year and was last seen at C$1.1139.

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