Tuesday, June 30, 2009

RBS expects the restoration of the Canadian currency

The Canadian currency may be somewhat behind in the growth of other commodity currencies. However, analysts believe RBS, the Canadian dollar will certainly catch their colleagues in the workshop. The bank noted that the currency of Canada would benefit from growth in exports in the country and the rise in oil prices to yearly highs. And any talk of that at the end of the month the dollar will be in demand from institutional investors, will not be able to prevent this. Negative cash flows of mergers and acquisitions also will not have on the Canadian currency, a significant pressure.

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