The Canadian dollar is the official Canada currency. It is also sometime called loonies because the Bank of Canada brought some coins portraying the Canadian bird locally known as Canadian loon. There are a number of countries in the world which keep the canada currency as a reserve currency. The Canada currency can also be counted in the ranks of benchmark currencies. This is because of the relative stability of the exchange rate even though it has shifted between pegging and floating system for forex in Canada a number of times.
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on Friday, December 21st, 2007 at 11:40 am and is filed under Finance :: Stocks, Bond & Forex.
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