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Akiran on 18 March 2014
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Wighead said:
Akiran said:
Mr Khan said:
That's interesting. Why the decline in the CAD?

The Bank of Canada decided to drop the dollar by 10 cents to keep its key interest rate steady, yet try to lower inflation. Thats what I see from articles I look up
http://www.ctvnews.ca/business/canadian-dollar-drops-half-a-cent-after-bank-of-canada-rate-decision-1.1648644

The Bank of Canada connot fix the exange rates of the currency as it is speculation that affects its value. The drop as to do with the american dollar going up, our interest rates staying low (due to the Bank of Canada) and primary ressources being sold below expectations due to a low chinese economic activity (they buy lots of our primary resources).

Thanks for telling me, not entirely sure how it all works



Squeezol's Fanclub Member? is that how it works?

Why can't I hold all these no gaemz?

Always looking to improve my awful drawings ;_;