Thu, 17 Jul 2014 15:53:08 GMT
Canadian Dollar at monthly low
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.