Canadian Dollar At Par…and Beyond

By September 20, 2007Trade


Canadian Dollar Breaks Above Parity Versus the U. S. Dollar

The Canadian dollar has broken above parity with the United States dollar. In New York trading at 10:59 am EDT, it cost 1.0004 US dollars to buy one Canadian dollar.

In May 2004, it cost just 72 cents to buy one Canadian dollar.

Jack Weil reporting for

Hat tip: David Freddoso.

UPDATE: More from Canadian Press and Bloomberg.

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