Loonie reaches lowest level in four months

Source: Bloomberg
Canada's currency dropped to the lowest level in approximately four months ahead of a report that is expected to show that inflation fell below central bank's target. The Canadian currency slipped 0.3% to C$1.0544 per U.S. Dollar as of 7:43 a.m. Toronto time, after it reached C$1.059 per U.S. Dollar earlier, the weakest level since July 9.

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