Economy

Canadian dollar sees lowest levels since 2003 after new Trump tariffs

US dollar trades at 1.4682 Canadian dollars as of 1300GMT

Mucahithan Avcioglu  | 03.02.2025 - Update : 03.02.2025
Canadian dollar sees lowest levels since 2003 after new Trump tariffs

ISTANBUL

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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