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Old 11-15-2007, 10:03 AM  
Azoy?
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Join Date: Aug 2005
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Canadian dollar continues to drop after warnings about stronger currency

Looks like Canadian webmasters are in for good news


By The Canadian Press
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TORONTO - The Canadian dollar continues to fall in the wake of a stern warning from a senior official of the Bank of Canada about the economic downside of a sharply higher currency. The currency dropped about six-tenths of a cent this morning to 102.86 cents US after falling almost eight-tenths of a cent Wednesday.

The loonie has been on a downward track since hitting a record high a week ago of just over 110 cents US, at the same time oil prices were creeping closer to US$100 a barrel.

http://ca.news.yahoo.com/s/capress/loonie
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