Loonie Hits 47-Year High; Update - Broke $1.10 today!
Loonie Hits 47-Year High
Quote:
The Canadian dollar continued its upward charge Monday, reaching its highest level since March 1960.
The loonie was quoted at $1.0460 US in early-morning trading, up almost two-thirds of a cent from Friday.
That brought the Canadian dollar to within a cent and a half of its postwar high of $1.0614 US, set in August 1957.
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Wow. It doesn't seem to be slowing down.
UPDATE (2007/11/02):
Canadian dollar sat well above it's post-war levels (1.0614) at 1.0718 this morning!
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Huge thanks to Dion for the signature!
Last edited by Nehkara; 11-02-2007 at 08:27 AM.
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