By Commodity News Service Canada
WINNIPEG, Feb. 27 (CNS Canada) – The Canadian dollar gained on Wednesday as the stock exchange dipped slightly, reflecting a lack of clarity on the global investment front.
At 9:45 CST Wednesday morning the Canadian dollar was at US$0.7618 or C$1.3127 which compares with Tuesday’s North American close of US$0.7579 or C$1.3195.
The Canadian inflation rate has dropped to reflect gas prices, which have also been falling gradually.
Meanwhile, the federal bank will announce a new interest rate on March 6.
The TSX took a small dip at 9:45 CST, down 30.34 points at 16,037.57.
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