Canadian Dollar Falls to Lowest Level Since 2003
DID YOU KNOW? The Canadian dollar's highs and lows: How they impact the economy
The ideal exchange rate for Canada is often debated, but many economists suggest that a value between $0.75 and $0.85 USD provides a balanced economic advantage. At this level, Canadian exports remain competitive while consumers do not experience excessive price increases for imports.
The USD/CAD exchange rate surged to a high of 1.4792 on Monday, its highest level since 2003 and over 67% from its lowest ...
The Canadian Dollar lost 0.25% against the Greenback on Wednesday. The Bank of Canada cut interest rates by another 25 bps, ...
The Canadian dollar weakened against its U.S. counterpart on Wednesday as investors braced for the Bank of Canada to cut its ...
The CEER index is a weighted average of bilateral exchange rates for the Canadian dollar against the currencies of Canada’s major trading partners. The Canadian Effective Exchange Rate index ...
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