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CCY - CCY Delayed price. Currency in USD
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0.7990-0.0002 (-0.0296%)
As of 7:49PM BST. Market open.
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Previous close0.799
Day's range0.798 - 0.801
52-week range0.7251 - 0.8015
  • Canadian dollar's decline hits locals hard
    AFP2 years ago

    Canadian dollar's decline hits locals hard

    The rapid fall of the Canadian dollar alongside plunging oil prices is hitting Canadians hard, with a marked increase in the cost of imported goods forcing households to reduce spending. At parity with the US greenback from 2010 to 2013, the Canadian dollar has lost nearly a third of its value since then, falling below 70 cents last week for the first time in more than a decade. The plummeting "loonie," named after the bird that appears on the Canadian dollar coin, has closely followed the drop in commodity prices, notably oil, which was until very recently the country's main export product.

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