Dodge's comments lead to temporary loonie fall
The Canadian dollar fell against its US counterpart on Monday, after David Dodge, the governor of the Bank of Canada, said that domestic conditions were unrelated to the loonie's recent "abnormally quick" rise against the greenback.
The loonie fell from 97 Canadian cents against the dollar on Friday to 98 on Monday. However, the drop in value was short lived. By 17.30 GMT on Tuesday the loonie was back up to 97 Canadian cents against the dollar.
According to AFP, Dodge said: "The recent round of
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