High Canadian Dollar
Canadian dollar is set at 93.80 per USA dollar.
Currency exchange comparison chart
The Canadian dollar is at a six-month high against the USA dollar, as the recent rise in inflation has bolstered the the buying of the Canadian dollar.
This brings the Canadian dollar back to its 2014 highs, last seen in early January.
This is good news for some industry and not so good news for others.
One obvious conclusion is that the Canadian dollar has benefited from USA dollars weakness in the past few weeks.
Should I say, enjoying while this lasts?
Sincerely now,
Ben
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