Thu, 18 Jul 2013 10:14:15 GMT
Canadian Dollar depreciates as central bank's Governor speaks
The Canadian currency dropped as Stephen Poloz, the new Governor of the Bank of Canada, stated that country's economy is still struggling. The Loonie fell versus almost all of its most-traded peers as the benchmark interest rate remained unchanged. The Canadian Dollar slid 0.4% to $C1.0405 per U.S. Dollar as of 5 p.m. Toronto time.