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February 13, 2025

GBP/CAD Rate Rises as Concerns Over US Metal Tariffs Loom

Currently, the GBP/CAD exchange rate stands at CA$1.7796, reflecting a modest increase of about 0.2% since the start of the trading week. This uptick in the exchange rate comes amid rising apprehensions about potential US metal tariffs, which could impact trade dynamics. As currency markets respond to geopolitical events, traders keep a close eye on GBP/CAD movements. Clarity on trade policies will be crucial for determining further trends in this exchange rate.

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