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TORONTO - The loonie tumbled almost three US cents Thursday to its lowest level in about a year as a gloomy assessment of the U.S. economy sent commodity prices reeling and traders to the safe haven status of the U.S. dollar. The Canadian dollar was down 2.78 cents to 96.63 cents US. That followed a drop of over a cent Wednesday when the currency closed below parity with the greenback for the first time since the end of January.
Originally posted by Exuberant1
Come shop at Canada.
Save 4 cents to the buck.