Canadian dollar / Kuwaiti dinar

stockPerformance $-0.0006 (-0.26%)
Updated: 18 Jan, 2:55 pm UTC
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The Canadian Dollar is an important part of the global financial system and is used by investors, traders and businesses to manage currency risk. Investors use the Canadian Dollar to gain exposure to the Canadian economy and exchange-traded funds (ETFs) that track the performance of the currency. Traders use the Canadian Dollar to speculate on its price movements and to hedge against adverse changes in other currencies. Businesses use the Canadian Dollar to conduct international transactions and to manage their foreign exchange exposure. Overall, the Canadian Dollar provides investors, traders, and businesses with a means of managing their currency risk in a safe and efficient manner.