Dollar climbs on weak U.S. currency
Article Abstract:
Industry analysts said that the strong Canadian dollar may be rising due to U.S. monetary policy whose goal is to aid the slow U.S. economy by weakening the U.S. dollar. The Canadian dollar reached 72.48 cents (U.S.) as Canadian financial officials considered cutting interest rates.
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
Commodity & service prices, Interest Rates, Labor Distribution by Employer, Prices and rates, Statistics, Dollar (United States), Company pricing policy
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
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Rising loonie seen hurting tech firms
Article Abstract:
The increasing strength of the Canadian dollar could have a negative impact on technology and software firms in Canada. Many of these companies pay their salaries in Canadian dollars and earn much of their revenues from the U.S.
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
Financial management, Computer software industry, Software industry, Economic aspects, Finance, Technology, Technology in education, Company financing
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: Canada, Dollar (Canada)
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