Szepy / Getty Images When faced with a sudden shock to its economy, a country can opt to implement a dual or multiple foreign exchange rate system. With this type of system, a country has more ...

Learn about the publication of, and calculation methodology for, the foreign exchange (FX) rate data on the Bank of Canada’s website. All FX rates are published as the number of Canadian dollars ...

Foreign exchange reserves are important in helping to support a country’s monetary system and exchange rate. Reserves can also be maintained as a means of demonstrating a country’s ability to ...