Wednesday, January 20, 2010

Loonie falls 1.5 cents (U.S.) in biggest one-day drop since October 2009

The Canadian dollar fell to 95.47 cents (U.S.), a decline of 1.55 cents -- the biggest one-day decline since October 2009. The decline was attributed to a number of factors, including a Statistics Canada report that showed domestic inflation wasn't as strong in December as expected.

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