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The Canadian dollar rallied, snapping a record losing streak, as the nation’s central bank kept rates of interest unchanged in the face of sinking oil prices. The loonie rose from the cheapest level since 2003 as the Bank of Canada held its benchmark at 0.5 per cent and said stronger U.S. demand, a weaker currency and last year’s rate cuts ...
Read More »Canadian dollar snaps record losing streak after Bank of Canada holds interest rates
