Today, Canadian coins of 1, 5, 10, 25 cents, 1, and 2 dollars issued by the Royal Mint of Canada are used. On the other hand, 5, 10, 20, 50, 100 and 1000 dollar bills are issued by Canadian banks ...

This broad exchange rate risk premium explains roughly two-thirds of the drop in the value of the Canadian dollar in 2024. Historically, deviations between the path of interest rates in the United ...