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View Full Version : Canadian Currency Plunges After Central Bank Cuts Interest Rate - Bloomberg



NewsWhore
04-21-2009, 10:30 AM
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Canadian Currency Plunges After Central Bank Cuts Interest Rate (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601082%26sid%3Daapm09VcvII8%26refer%3Dcanada&cid=1337340688&ei=K9rtSZLaJovGsgbNnaD7Cw&usg=AFQjCNFtb3kzbMbJm8U600ae45G5KNoepA)
Bloomberg
The currency, known as the loonie, weakened 0.9 percent to C$1.2499 per US dollar at 9:28 am in Toronto, from C$1.2391 yesterday. It touched C$1.2506, the lowest since April 2. One Canadian dollar buys 80.07 US cents. “The cut clearly surprised people ...


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