Canadian currency in June fell by 6.2% compared with 9 percent growth the previous month. BMO Capital Markets say that over the past month, the Canadian dollar showed a significant weakening, not only among the major currencies - Canada's currency has declined more than the Iranian Rial and the Icelandic Krona. Yet in the second quarter of the Canadian dollar rose 8.4% - this is one of the most significant quarterly achievements in the history of observations, even at extremely low levels in June. In fact, it is said in the BMO Capital Markets, only in the second quarter of 2003, the Canadian dollar showed a greater increase (8.9%).
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