Canadian Dollar Rises as Stocks Recover and Bank of Canada Signals Rate Hike

Azeez Mustapha

Updated:

The Canadian dollar gained against the U.S. dollar on Thursday as global stock markets bounced back from a sharp sell-off and the Bank of Canada hinted at a possible interest rate increase. The loonie, as the Canadian currency is known, traded at 1.3377 to the greenback, coasting at neutral levels throughout Thursday. This comes as […]

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