The dollar closes at a 2-month high

Article Abstract:

The Canadian dollar (loonie) rose one-quarter of a U.S. cent as renewed optimism in a North American economic recovery is in sight. The U.S. Federal Reserve Board lowered interest rates, and it is expected that the Bank of Canada will also lower interest rates one-quarter percentage point in January.

Commodity & service prices, Financial analysis, North America, Federal Reserve Banks, Monetary Authorities - Central Bank, Banking industry, Finance, Powers and duties, Dollar (United States), Canada. Bank of Canada

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Dollar slides half cent on rate worries

Article Abstract:

The Canadian dollar decreased to 64.61 US from 65.10 US on Mar 1, 2001, because of a faltering North American economy and concern about interest rate decreases.

Exchange Rates, International economic relations, Statistical Data Included, Planning, Prices and rates

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Dollar expected to climb above 70 cents

Article Abstract:

The Canadian dollar will rise to at least 70 cents (U.S.) in 2001 due in part to the easing of interest rates by the U.S. Federal Reserve Board.

Public Finance Activities, Government domestic functions, Federal Reserve System, Economic policy, Statistics, Economic forecasting

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