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Old October 29th, 2008, 12:03   #23
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Join Date: May 2003
Location: Tottenham
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Originally Posted by Cheese View Post
according to , 1 $ USD = 0,81$ CAD
a real rollercoaster
Problem is financial institutions use a spread to cover fluctuations for that day, so its usually the posted rate plus a couple of percentage points. When the dollar was stable, the spread was tighter, but now I find myself getting 3 and 4% differences on the spread just doing a US dollar wire from CAD.
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