Subject category:
Economics, Politics and Business Environment
Published by:
IBS Case Development Center
Length: 9 pages
Data source: Published sources
Topics:
Canada; Canada's economy; Canadian dollar; Loonie; Floating exchange rate; Exchange rate; Fixed exchange rate; History of the Canadian dollar; Dominion Notes Act; Bank of Canada Act; Effects of currency fluctuations on economy; International Monetary Fund (IMF); Anti-inflationary policies of Canada; Factors affecting currency appreciation; Currency fluctuations
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Abstract
The Canadian dollar, also called the ''loonie'', had been traditionally based on the floating exchange rate. Based on its purchasing power, it was opined that the loonie''s value was perfect at $0.815. However, the loonie, which was traded at $0.8934 in 1991, continuously fell till 2003, before it again started surging at a rapid pace. This case study focuses on the reasons for the fall of the loonie since 1991, apart from the factors that prompted its sharp rise since January 2003, and its implications for the Canadian economy. A structured assignment ''204-065-4'' is available to accompany this case.
Location:
Other setting(s):
2004
Subject category:
Economics, Politics and Business Environment
Published by:
IBS Case Development Center
Length: 10 pages
Data source: Published sources
Subject category:
Economics, Politics and Business Environment
Published by:
IBS Case Development Center
Length: 14 pages
Data source: Published sources
Topics:
Canada; Canada's economy; Canadian dollar; Loonie; Floating exchange rate; Exchange rate; Fixed exchange rate; History of the Canadian dollar; Dominion Notes Act; Bank of Canada Act; Effects of currency fluctuations on economy; International Monetary Fund (IMF); Anti-inflationary policies of Canada; Factors affecting currency appreciation; Currency fluctuations
About
Abstract
The Canadian dollar, also called the ''loonie'', had been traditionally based on the floating exchange rate. Based on its purchasing power, it was opined that the loonie''s value was perfect at $0.815. However, the loonie, which was traded at $0.8934 in 1991, continuously fell till 2003, before it again started surging at a rapid pace. This case study focuses on the reasons for the fall of the loonie since 1991, apart from the factors that prompted its sharp rise since January 2003, and its implications for the Canadian economy. A structured assignment ''204-065-4'' is available to accompany this case.
Settings
Location:
Other setting(s):
2004
Related
Subject category:
Economics, Politics and Business Environment
Published by:
IBS Case Development Center
Length: 10 pages
Data source: Published sources
Subject category:
Economics, Politics and Business Environment
Published by:
IBS Case Development Center
Length: 14 pages
Data source: Published sources
Topics:
Canada; Canada's economy; Canadian dollar; Loonie; Floating exchange rate; Exchange rate; Fixed exchange rate; History of the Canadian dollar; Dominion Notes Act; Bank of Canada Act; Effects of currency fluctuations on economy; International Monetary Fund (IMF); Anti-inflationary policies of Canada; Factors affecting currency appreciation; Currency fluctuations