Sentences with phrase «cent against the greenback»
The Canadian dollar dipped more than a full cent against the greenback at one point.
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Rate hikes in the U.S. cause the greenback to appreciate against the loonie, which currently stands at around US77 cents.
Notching up some hefty losses across the board, the Sterling is more than a full cent weaker when valued against the Greenback this morning at 1.5260 whilst also significantly lower when valued against both the Australian dollar (1.9511) and the New Zealand dollar (2.0097).
Over the past 12 - months the Canadian dollar has lost 15 % of its value against the U.S. greenback and today it dipped below the 70 - cent mark for the first time in 13 years.
Additionally, the Canadian dollar has been exceptionally strong advancing from about 66 cents ten years ago to well over par today against the US greenback.