Loonie Advances After BoC Decision - ConsultFX

Loonie Advances After BoC Decision

As expected, the Bank of Canada raised the benchmark rate to 1.75 percent from 1.50 percent. Following the decision, the loonie climbed against its major counterparts.

The loonie was trading at 1.3056 against the greenback, 82.19 against the yen, 0.9243 against the aussie and 1.4874 against the euro around 10:01 am ET.


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