Canada’s Finance Minister Satisfied with Lower CAD
Friday, November 23rd, 2007
Jim Flaherty, Canadian Minister of Finance, said today that he is glad to see Canadian dollar losing against U.S. dollar on Forex, after there were almost three month of unstoppable appreciation of the Canada’s currency. As the rallying Canadian dollar’s appreciation hurts exporters, Canada’s economy could be at the risk, giving government another concern to worry about.
Yesterday Canadian dollar reached its monthly minimum levels after the macroeconomic statistics were released by