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Low US interest rates good for Canada

Published by Steve Coleman on January 25, 2012

Canada's one per cent interest rate is looking sexy to international money buyers after US policy makers announced that country's interest rate will flirt with the interest-free mark until at least late 2014.

The loonie flew 0.3 per cent higher to the C$1.0046, the highest the Canuck buck has been since Nov. 1.

Visit the following link for a look at why the US plans to keep interest rates low.

 

 

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