Currency analysts expect the Canadian dollar to hit $1.35, or 74.07 cents U.S., in three months. Find out more.
The loonie has weakened over seven per cent against the U.S. dollar since the start of 2022, with almost all of the decline coming since mid-August.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.We encountered an issue signing you up. Please try againAccording to the median forecast of 35 currency analysts surveyed Dec. 1-6 the currency will rebound 1.1 per cent to $1.35 per U.S. dollar, or 74.07 cents U.S.
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Canadian dollar to rally over 2023 as interest rates hit their peakCurrency analysts expect the Canadian dollar to hit $1.35, or 74.07 cents U.S., in three months. Find out more.
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