Canadian dollar sees lowest levels since 2003 after new Trump tariffs

Canadian dollar sees lowest levels since 2003 after new Trump tariffs

US dollar trades at 1.4682 Canadian dollars as of 1300GMT

By Mucahithan Avcioglu

ISTANBUL (AA) - The Canadian dollar on Monday saw its lowest level since March 2003 after the US imposed 25% new tariffs on imports from Canada on Saturday.

The exchange rate for the US dollar/Canadian dollar is at 1.4682 Canadian dollars as of 1300GMT and the Canadian dollar index stands at 68.84.

The EUR/CAD exchange rate stands at 1.5042 Canadian dollars and the GBP/CAD exchange rate is at 1.8102 Canadian dollars.

The US president also imposed new tariffs on imports from Mexico and China, 25% and 10% respectively.

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