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Re: cliffvb post# 52513

Friday, 08/25/2006 3:39:05 PM

Friday, August 25, 2006 3:39:05 PM

Post# of 173815
Currency conversions Can to USD update- Stockhouse is using a currency conversion rate of .887 today, at least with LIM. I checked a few websites that offered daily conversion rates, and the current rate varied from .9012 to .9025, so Stockhouse's currency conversion tool is apparently not updated daily.

My brokerage shows a conversion rate of .907, so that is off as well, but not nearly as much as Stockhouse. Now, I wonder if it will be off in the other direction when I go to sell. In other words, are we taking a hit on currency versions as well as bid/ask spreads when we buy or sell foreign stocks such as HBM and LIM?

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