Merci.
Thank you very much.
I am going to take the next round as the chair.
Mr. Carney, I did want to talk to you about the dollar. You discuss it in your report on pages 19, 20, and 21.
The common perception, especially when the dollar rapidly appreciated in recent times, was that it was driven by petroleum prices—driven by the price of crude, mainly—but you discuss energy prices and talk about prices for non-energy commodities increasing. Then you talk about global credit conditions. Obviously, I think, the state of the U.S. dollar would have an impact there as well.
Is it your view that petroleum or the price of crude is not as large an influence on the price of the dollar as it was, say, a year or two ago?