Friday, April 18, 2014

Canada needs to Weaken The Loonie

I would say if your currency was 10 percent weaker, that would help manufacturing. It might not be conventional wisdom, but at the margin, I would say, keeping your currency weaker right now, it's important.

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

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