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Showing posts with label Canada's central bank. Show all posts
Showing posts with label Canada's central bank. Show all posts

3/07/2013

Analysis: Canadian dollar set to drop further as economy struggles

NEW YORK/TORONTO (Reuters) - The Canadian dollar, which has been declining against the U.S. dollar so far this year, is expected to slip further in the near term as a slowing Canadian economy and cooling housing market keep the nation's interest rates near historic low levels.