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 EconomicsBriefing.com
Hat tip: David Freddoso.
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