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Tuesday, July 24, 2007

Dollar blues

Going down!

This graph depicts the value of the U.S. dollar in terms of Canadian dollars. As you can see, in a little over 4 months, the U.S. dollar has depreciated almost 20% relative to the Canadian dollar. The last time I remember the Canadian dollar being at or near par with the U.S. dollar was when I was a kid, about 50 years ago. Well, here we are again!


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