The Bank of Canada raised interest rate unexpectedly to 1.00 percent. Following the decision, the loonie climbed against its major rivals.

The loonie was trading at 89.35 against the yen, 1.2210 against the greenback, 1.4547 against the euro and 0.9735 against the aussie around 10:01 am ET.

CAD vs Yen (FX:CADJPY)
Forex Chart
From Mar 2024 to Apr 2024 Click Here for more CAD vs Yen Charts.
CAD vs Yen (FX:CADJPY)
Forex Chart
From Apr 2023 to Apr 2024 Click Here for more CAD vs Yen Charts.