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Sunday, May 31, 2009

Holly Cow! It Is Going Up...

Based on this article -> Loonie up 4 cents against U.S. dollar in week from CBC



....it is not a good sign, the Canadian currency is going up really fast!!!!... And economist predicts it will go up to reach parity with the US dollar by end of the year. If you plan to head to Canada anytime end of the year, do yourself a favor and exchange NOW... Come to think of it, we should be changing soon. The last time we changed, the exchange rate was RM3.01 to a Loonie (CAD$1). That was about slightly less than a month back. Now it is RM3.19....

Not good, not good at all...

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