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Old 07-03-2003, 09:39 PM  
FlyingIguana
aspiring banker
 
Join Date: Mar 2002
Location: toronto
Posts: 10,870
Quote:
Originally posted by notjoe


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
thats the main reason. the american economy may also outpace canada in the 2nd half. that should help weaken our currency. which would be great because we need exports to pick up. plus i wanna make more money
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