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Loonie Drops After BoC Decision

As expected, the Bank of Canada kept its benchmark rate unchanged at 1.75 percent.

The loonie fell against its major counterparts following the decision.

The loonie was trading at 82.70 against the yen, 0.9493 against the aussie, 1.5116 against the euro and 1.3506 against the greenback around 10:02 am ET.

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