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Thread: Shanghai starts one-year countdown to the largest expo ever
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[quote=BOBERT,367229]Like the Australian dollar, the Canadian dollar is perceived as commodity driven. To my knowledge there are no diplomatic or other reason for the appreciation of the Canadian against the RMB. Of course the huge oil sands deposits in Canada make it an even stronger commodities economy but the same conditions that are pushing up the A$ value prevail for the C$. It just depends on whether you view minerals or oil as the beast hedge against inflation as to which dollar you choose.[/quote]
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