Random Thoughts

September 20, 2007

I Never Thought I Would See This

Filed under: Cool Stuff — doctorfeelgood @ 2:26 pm

$1 Cdn = $1 US

The Canadian dollar reached parity with the U.S. greenback on Thursday for the first time in almost 31 years, capping a spectacular run that has seen it rise 62 per cent since 2002.

The loonie briefly reached $1.0003 US on foreign exchange markets shortly before 11 a.m. ET, the Bank of Canada said. The loonie’s stint at parity was brief, however, as it later slipped back to just under $1 US.



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