Quote:
Originally Posted by Monahammer
The inflationary pressure of a weak cdn dollar relative to USD is somewhat buoyed by the likely increase in total export to the US due to increased purchasing power. It's a weird relationship.
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It was always a major gripe that the USA had with China that they artificially kept the value of their dollar low in order to maximize profits from their exports.
The USA, I assume, is pretty vigilant about Canada, as a major oil exporter, doing the same. As you say, the Canadian dollar can only drop so low, before other economic factors, caused by it's close relationship with a much larger economy, begin to keep it up.