Canadian Dollar Is Going Lower
(2008-08-08 13:07:46)
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The Canadian Dollar is going lower against the US Dollar once again. Today it is at 94 cents US.
I have no way to predict the currency exchange rate, but I feel lucky because I have to buy US dollars in the past several months. On July 31st I made my last purchase at around 98 cents US. For the previous purchases, I had 99 cents for a couple of times, and 1.01 dollar for one time. On average, I bought at 99 cents US.
I still remember the days when Canadian dollar is at 67 cents US four years ago. Are these days going to come once again in the future?