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In August, the monthly average value of the U.S. dollar (USD) depreciated versus Canada’s “loonie” (-0.1%) and the Japanese yen (-1.0%) but appreciated against the euro (+0.4%). On the broad trade-weighted index basis (goods and services) the USD weakened by 0.3% against a basket of 26 currencies.
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The foregoing comments represent the
general economic views and analysis of
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