if the US dollar was to lose value, what would happen to the canadian dollar?

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if the US dollar was to lose value, what would happen to the canadian dollar?

2007-08-21 17:00:14 · 1 answers · asked by snippi f 2 in Business & Finance ➔ Investing

1 answers

If the US dollar lost value against the Canadian dollar, the Canadian dollar would be worth more.

If the US dollar lost value against the Japanese yen it might effect the relationship between the USD and the CAD.

If Oil went up.... the CAD might become more valuable against the USD.

In short.... who knows!

2007-08-21 17:07:41 · answer #1 · answered by Common Sense 7 · 0⤊ 0⤋