Canada's Dollar declines for third straight day on Fed stimulus

Note: This section contains information in English only.
Source: Bloomberg
The Canadian currency fluctuated at C$1.0443 per greenback as of 7:50 am in Toronto, as Federal Reserve will delay tapering of its quantitative easing programme until March 2014, which reduces the currency's value . Last week the so-called loonie dropped the most since June after the Bank of Canada signaled to keep interest rates at current level. Canadian Dollar traded at 95.76 U.S. cents.

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