Canadians tend to regard the fluctuations of their dollar with a mixture of national pride and realistic concern. When it is at a premium in terms of U.S. fundsas it has been for 3½ yearshotelmen and other businessmen are entitled to collect extra pennies in exchange for U.S. currency, importers can happily use their own valuable dollars for purchases abroad. But the premium is less pleasing to exporters, who must sell their products for U.S. funds but pay their production costs in dearer Canadian dollars. Last week it was the exporters' turn for mild satisfaction: the Canadian dollar slipped on the...
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