The fluctuation of RMB exchange rate: the profound impact of changes in US dollar and Canadian dollar interest rates-
The fluctuation of RMB exchange rate: the profound impact of changes in US dollar and Canadian dollar interest rates
2024-09-12
On September 4, 2024, with the Bank of Canada expected to further cut interest rates, the exchange rate of the US dollar against the Canadian dollar quickly broke a seven day high. This dynamic not only has an impact on the North American market, but...