Canadian dollar hits lowest level since 2003
Photo: Reuters
The Canadian dollar plunged to its lowest level since March 2003 on Monday, following the imposition of 25% tariffs on Canadian imports by the United States on Saturday.
The exchange rate for the US dollar/Canadian dollar is at 1.4682 Canadian dollars as of 1300GMT and the Canadian dollar index stands at 68.84, News.Az reports, citing foreign media.
The EUR/CAD exchange rate stands at 1.5042 Canadian dollars and the GBP/CAD exchange rate is at 1.8102 Canadian dollars.
The US president also imposed new tariffs on imports from Mexico and China, 25% and 10% respectively.
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