EFTA01449230

30 July 2013 Exchange Rate Perspectives: FX and the Financial Transaction Tax Figure 25: BoC Non-Energy Commodity Price (Nominal) 'Figure 26: BoC Non- Energy Commodity Prices (Real) 500 450 400 350 300 250 200 150 100 500 450 400 350 300 250 200 150 100 72 74 76 78 8082 84 8689 90 92 94 9698 00 02 04 0608 10 12 1 5 Sant Onsaw MAW •B C N E rgyC rrarod4V Price Index (Real, Avenge L 7 d 72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 06 OS 10 12 j Sarni Oita.* fink Nye 5.7 5.4 5.1 4.8 45 Figure 27: BoC Energy Commodity Price {Nominal) 'Figure 28: BoC Energy Commodity Price (Real) 2500 2000 • 1500 - IMO • 500 - 0 BoC 511419y C.:mm.30W Sou Irwin Anson 72 71 76 78 80 82 84 86 88 90 92 94 96 98 00 02 01 06 08 10 12 Sae- Sousa* Sant How 25[0 7 5 2000 1500 6 5 1000 500 5 5 0 "Figure 29: Commodity Price Indices 530 480 430 380 330 280 230 180 130 80 RBA C0411111004y Pots 14444180mm* AIC Corns-nods Price Index Siomia BoC Commoday Prep IndoxiNocrind Jan 1986=100 86 88 90 92 94 96 96 00 02 04 06 08 10 12 Seurat Doarnefte Bs* New 84C Energy COMMOdity Price Index Mod Myer. L nos Tionane 74 72 7 68 54 52 5 5 7271767880 Ea8486889392 91969800020406061012 Souse OiviscA• Oa* We Figure 30: Ratio of Commodity Price Indices 530 2.3 480 Page 38 1 9 • 1.5 • 0.7 of Austala to NZ Corrrnoddy Pm. IndicesMoron* Ra6o ofCan.v4a to N2 Cornmaity Pace Indicies (Nominal) 86 88 90 92 94 95 98 00 02 04 06 08 10 12 Sarno Damao* Bee, Hem 22 1.7 1.2 07 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0104551 SDNY_GM_00250735 EFTA01449230