Not exact matches
According to this theory, if, for example, the U.S. inflation rate is higher than the Canadian inflation rate, then the
purchasing power of Americans will erode
compared to that of Canadians, and the value of the U.S. dollar against the Canadian dollar will be adjusted in the markets to balance the
purchasing power of the two
currencies.
Gross dollar volume jumped 15 % in local
currency terms
compared to 9 % growth domestically, and
purchase volume growth showed a similar 15 % to 10 % comparison.
The main objective is to exchange one
currency with another in anticipation of a price change where the
currency you
purchase increases in value as
compared to the one you sell.
Hey all, as per https://rogersbank.com/en/notification announcement, Rogers will have no annual fees today «Effective March 13, 2018» plus on «May 23, 2018» Rogers Platinum Mastercard and Fido Mastercard will virtually be same and only «Earn 3 % unlimited cash back rewards on all your eligible
purchases made in a foreign
currency» and «Earn 1.25 % unlimited cash back rewards on all other eligible
purchases» so NOW Rogers / Fido «washes» the 2.5 % FX fees they still charge and instead «gives you 0.5 % cash back on
purchases made in a foreign
currency (so a loss of.75 %
compared to other
purchases).»