Loonie Mixed Ahead Of BoC Rate Decision
05:55, 25th May 2016
(RTTNews) - The Bank of Canada announces decision on interest rate at 10:00 am ET Wednesday. The bank is seen retaining key interest rate at 0.5 percent.
The loonie traded mixed against its major counterparts ahead of the announcement. While the loonie rose against the yen and the aussie, it held steady against the greenback. Against the euro, it dropped.
The loonie was worth 1.4615 against the euro, 84.16 against the yen, 0.9435 against the aussie and 1.3108 against the greenback as of 9:55 am ET.
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