Dec 17, 2015
By Bob Komsic
Canada’s currency has been affected by a number of factors, many related to the strength of the American dollar as well as weak global market conditions for key exports such as oil, gas and other commodities.
The U.S. Federal Reserve Board’s decision to finally raise its key interest rate, after months of signals that an increase was coming, helped push up the American dollar against the British pound, Japanese yen, Australian dollar and the euro.
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