Loonie Closes Above US Dollar Value!
By 250 News
It may not be good for lumber exports, but, for the first time in more than three decades, the Loonie has closed above the parity mark with the U.S. dollar.
The Bank of Canada says the Loonie was up 2/3rds of a cent from Thursday’s close to end the week at $1.0052 US.
In other words, the US dollar is worth about 99 and a half cents Canadian.
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