Loonie reaches lowest level in two years

Source: Bloomberg
Canada's currency dropped to the lowest level in two years as weaker than expected exports last quarter strengthened the worries that Bank of Canada officials previously expressed on economic growth. The Canadian Dollar slipped 0.2% to C$1.0634 per U.S. Dollar as of 7:40 a.m. and it reached C$1.0654 per U.S. Dollar, making it the lowest level in approximately two years.

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