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Days of dollar parity at end, RBC forecasts


Business | 206444 hits | Apr 03 3:24 pm | Posted by: mtbr
3 Comment

The loonie will fall to about 90 cents US later this year, and will continue to drop into 2009 to about 87 cents by the end of the year, according to the RBC report released Thursday.

Comments

  1. by avatar mixedfarmer
    Thu Apr 03, 2008 5:34 am
    if these guys were always right the world would be perfect. With oil and grains strong the loonie will hold its own

  2. by avatar Joe_Stalin
    Fri Apr 04, 2008 2:14 am
    Governments want the dollar lower than the greenback. It helps exports and covers up low productivity.

    Perfect labour/socialist preferences.

  3. by avatar Toro
    Fri Apr 04, 2008 3:59 am
    Probably correct.

    I'd be shocked if it fell below $0.80 anytime soon, though.



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  • mtbr Thu Apr 03, 2008 2:34 pm
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