Core inflation figures and better-than-expected retail sales in February are behind a strong rise in the Canadian dollar, popularly known as the loonie, and it is now nearly at parity with the US dollar, reports the Globe & Mail in Canada.
Posted by Ellen Wallace on 19 March 2010 at 15:24 |
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This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 19 March 2010.
Filed under: World news
Tags: Canadian, dollar, inflation, parity, retail sales, U.S.
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