Canadian Dollar At Par…and Beyond

By September 20, 2007Trade

From Economicsbriefing.com:

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.

UPDATE: More from Canadian Press and Bloomberg.

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