The Canadian dollar has fallen to its lowest level in years. In late October, the loonie dropped below 72 cents USD for the first time since 2020. This graphic highlights the USD to CAD exchange rate from 2004 to 2024, based on data from the Bank of Canada Daily Noon Exchange Rate.
Over the last 20 years, the Canadian dollar has experienced notable fluctuations →Investor risk, which is defined as the possible loss an investor may incur by investing, is referred to as financial exposure. Investors use strategies like investment hedging and diversification to try to reduce their financial exposure.
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