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12-01-2012, 06:31 PM
OthmarAmmann's Avatar
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Originally Posted by rt View Post
And the current relative strength of the Canadian dollar and the current relative weakness of the US Dollar will hold forever?
It's only relative strength/relative weakness if you look back over 15 years. The 1.55 exchange rate was a historical high in the post Bretton Woods era. Indeed, the Bank of Canada has been pursuing a weak Canadian dollar for five years now in order to help protect the export sector.

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