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Commodities

Loonie Holds Firm Amid Volatile Oil Markets

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Oil
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The Canadian dollar remained largely unchanged on Friday, with its value holding steady against the US dollar.

This stability was reflected in the currency's closing price of US$0.7020, which is essentially equivalent to Thursday's close of US$0.7021.

In contrast, crude oil prices were more volatile, with West Texas Intermediate (WTI) dropping by US$1.41 per barrel to reach US$91.46, while Brent crude rose by 53 cents to hit US$102.84 per barrel.

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