Canadian Dollar/Australian dollar

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Updated: 18 Jan, 3:00 pm UTC
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The Canadian Dollar (CAD) is an important currency for international investors. It is accepted by numerous financial markets, making it a reliable option for trading and hedging. By investing in the CAD, investors can access a wide range of global financial markets and diversify their portfolios. The CAD also serves as a hedge against U.S. dollar fluctuations, allowing investors to protect their investments from currency exchange rate fluctuations. It is also used to make investments in the Canadian economy, helping to promote economic growth and stability. Overall, the Canadian Dollar is an important currency for investors and financial markets.