Quote:
Originally posted by chowda
ok, im slow.. so tell me where i go wrong with this thought process
interest goes down, ppl spend more, ask for more CAD, increase demand, increase price due to supply..
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Higher interest rate means less investment into the country, which means our dollar is worth less.
I could be wrong on this but this is how i think it works. Talk to and investment banker if you want the full details of it from a reliable source