News Column

Loonie Falls After BoC Interest Rate Decision

July 16, 2014

CANBERA (Alliance News) - As expected, the Bank of Canada kept interest rates on hold at 1.00% at 10:00 am ET Wednesday. Following the announcement, the loonie fell against the other major currencies.

The loonie was trading at 1.4597 against the euro, 1.0095 against the aussie, 94.30 against the yen and 1.0785 against the greenback around 10:05 am ET.

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Source: Alliance News

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