- Loonie drops 2% after Britain votes to leave European Union
- Canada’s currency follows most major currencies lower
The Canadian dollar joined the global market decline after Britain’s historic vote to leave the European Union, plunging the most in six years against the U.S. currency.
Canada’s currency declined 2 percent to C$1.3031 at 6:56 a.m. in Toronto, the biggest decline since June 2010. The currency is the third-best performer among Group of 10 currencies today, after the Japanese Yen and the Swiss Franc.