Monday, 23 July 2007

UPDATE 1-Canada has no plan to move on strong C$ -Flaherty

(Reuters) - "We are not going back to a time when governments
interfered with respect to the market and the value of our
currency in the market," Flaherty said in an interview on
Business News Network.




The Canadian dollar hit a 30-year high against the U.S.
dollar last week and then retreated on Friday. Early on Monday,
the currency rebounded to C$1.0433 to the U.S. dollar, or 95.83
U.S. cents, up from C$1.0485, or 95.37 U.S. cents, at Friday's
close.


Read more at Reuters.com Bonds News

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