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Canadian dollar hits one-week high as BoC inflation warnings bolster loonie
Summary by Inflation News Editorial Desk · As published by investing.com
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· 1 min read
The Canadian dollar has reached a one-week high. This increase is attributed to warnings from the Bank of Canada about inflation.
The Bank of Canada's inflation warnings have had a bolstering effect on the Canadian dollar, also known as the loonie.
Further information on this development is available from investing.com, which reported on the Canadian dollar's rise to a one-week high.