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Loonie poised to join elite group of global reserve currencies

Foreign central banks are believed to hold as much as $60-billion (U.S.) worth of Canadian dollars – a tiny share of the $10.4-trillion global central bank reserves, but important to Canada.

JONATHAN HAYWARD/THE CANADIAN PRESS

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About the Author
National Business Correspondent

Barrie McKenna is correspondent and columnist in The Globe and Mail's Ottawa bureau. From 1997 until 2010, he covered Washington from The Globe's bureau in the U.S. capital. During his U.S. posting, he traveled widely, filing stories from more than 30 states. Mr. McKenna has also been a frequent visitor to Japan and South Korea on reporting assignments. More

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