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2025-09-17 22:08:18
The Canadian dollar continued its decline in early trading on Wednesday, hitting an intraday low of 1.3769 before paring losses after the Bank of Canada cut its benchmark interest rate by 25 basis points to 2.5%, as expected. At 9:48 a.m. New York time, after two days of gains, the Canadian dollar fell 0.15% to 1.3761. (Note: The Bank of Canada lowered its interest rate to 2.5%, and its policy statement omitted language suggesting further rate cuts might be needed.)
