last time canadian dollar was at par with us
Canadian dollar On September 28, 2007, the Canadian dollar closed above the U.S. dollar for the first time in 30 years, at US$1.0052.[31] On November 7, 2007, it hit US$1.1024 during trading, a modern-day high[32] after China announced it would diversify its US$1.43 trillion foreign exchange reserve away from the U.S. dollar. By November 30, however, the Canadian dollar was once again at par with the U.S. dollar, and on December 4, the dollar had retreated back to US$0.98, through a cut in interest rates made by the Bank of Canada due to concerns about exports to the U.S.
Standard deviation Let X be a random variable with mean value Î¼:
Reserve currency By the end of the 20th century, the United States dollar was considered the world's most dominant reserve currency.[1] The world's need for dollars has allowed the United States government as well as Americans to borrow at lower costs, granting them an advantage in excess of $100 billion per year.[2]
Economic nationalism While the coining of the term "
Bull riding The flank strap
Money supply As of April 2013, the monetary base was $3 trillion[32] and M2, the broadest measure of money supply, was $10.5 trillion.[33]