The U.S. dollar dropped yesterday against the Canadian dollar and the Swiss franc and fell by more moderate amounts against most other foreign currencies. Trading, though, was very light, with several foreign markets closed for holidays and New York buried under a snowstorm. By late New York dealings, the Canadian dollar had climbed to 71.56 U.S. cents from 71.15 U.S. cents the day before. The Bank of Canada has been supporting the currency in recent days, but there weren't any signs of direct intervention yesterday.
Full text: Wall Street Journal, Feb 12, 1986
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