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What Bank of Canada interest rate cut means for the Canadian dollar | Financial Post

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You might have thought the Bank of Canada's latest rate cut would have sent the loonie plunging, but you were wrong if you did. Read more.

The Canadian dollar is down 6.5 per cent so far this year. Photo by Norm Betts / Bloomberg News Article content Sign In or Create an Account Email Address Continue or View more offers Article content You might have thought the Bank of Canada ‘s latest interest rate cut — a second consecutive 50-basis-point whopper — would have sent the loonie plunging, but you were wrong if you did. Article content We apologize, but this video has failed to load. Try refreshing your browser, or tap here to see other videos from our team . We apologize, but this video has failed to load. Try refreshing your bro

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