US President Donald Trumpโs tariffs failed to weaken the Canadian dollar. The dollar has gained strength in recent days. Under the minority government led by Liberal Partyโs Mark Carney, the Canadian dollar previously traded at 60 rupees and 67 US cents. This development is a key highlight in Canada Today News in Punjabi.
The Canadian government strengthened global market confidence with cost-cutting financial policies. It also improved strained relations with other countries. Domestic production now supports a stable and positive economic outlook.
Economists expect the Canadian dollar to remain strong in the near future. Its rise against the US dollar signals a positive trend for the economy. Experts point out that the increase from below 67 cents to about 72.5 cents indicates promising growth.
Internationally, the US dollar increased over 2 percent in the last two months, moving from 88.5 to 90.5. Meanwhile, the Canadian dollar gained nearly 10 percent. Some analysts predict further gains in the coming days. Others recommend waiting a few months to track the trend accurately. This development continues to dominate Canada Today News in Punjabi coverage.
