Canada industry minister sees C$ range as "relatively steady"
OTTAWA Jan 10 (Reuters) - Canada's Industry Minister, James Moore, said on Friday that the Canadian dollar has been trading within a steady range, suggesting the government is not too worried about the currency's week-long slide to a four-year low.
"I think the range of fluctuations has been relatively steady," Moore told Reuters in an interview, when asked if volatility in the foreign exchange rate was a concern.
"I know that this is an endless debate about the value of the dollar and what it means for firms. For some firms a higher dollar is a good thing and for others it creates challenges, and the inverse is equally true," he said.
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