Discover how the monetary conditions index (MCI), which was developed by the Bank of Canada, evaluates economic conditions using interest and exchange rates.
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 point in 2007. It has jumped by over 10% in the last 12 months as the Canadian ...
Best Foreign Exchange CAD rate is around 0.9% worse than the best available provider today. Compared to the average CAD rate across all providers, Best Foreign Exchange is about 0.6% better. Best ...
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ETF strategies to help Canadian investors combat a weak loonie
While recent moves from the Bank of Canada and the U.S. Federal Reserve primarily influence borrowing costs, they’ve also ...
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