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The Canadian greenback shut the month using a 0.58% get versus the greenback, the smallest gain among the G-10 currencies. The very poor get more info effectiveness was aggravated by sliding oil prices which declined steadily all through November, right up until rebounding on the final 3 times.

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The Reserve Bank has described why it built the big go to chop interest costs for the first time in four several years, warning homeowners it continues to be “careful”.

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