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The strong United States dollar (worth $1.56 Canadian at current exchange rates) is almost universally accepted.
In the short term, however, lower rates make the dollar worth less.
Some legal experts at the meeting, though, said the law did not allow appraisals of land beyond its dollar worth.
To calculate the worth of the US dollar from 1913 to the present, go to Federal Reserve Bank of Minneapolis What is a Dollar Worth?
On October 13, 2004, Southern Peru was trading at $45.90 per share, which meant that 67.2 million shares had a dollar worth of $3.08 billion.
Lower interest rates, over time, can generate the seeds of inflation, and could make an already weak dollar worth less against foreign currencies.
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