You realize you are using the proper document editor when such a basic task as Manage currency charter does not take more time than it should. Modifying documents is now an integral part of a lot of working operations in various professional areas, which explains why accessibility and straightforwardness are crucial for editing resources. If you find yourself researching tutorials or trying to find tips on how to Manage currency charter, you may want to get a more user-friendly solution to save your time on theoretical learning. And this is where DocHub shines. No training is needed. Simply open the editor, which will guide you through its principal functions and features.
A workflow gets smoother with DocHub. Make use of this tool to complete the paperwork you need in short time and take your efficiency to another level!
[Music] the government has an account with currencies from around the world us dollars euros british pounds and japanese yen this acts like an insurance fund for canada in case of a major crisis or a disruption in the financial markets that causes an extreme movement of the canadian dollar you see the value of the canadian dollar changes every day compared with other currencies in the world but we dont want it to plunge rapidly or soar out of control if this ever happened the government could tell the bank to use the foreign currencies in this exchange fund account to buy or sell canadian dollars this would help keep the dollar from rising or falling too far too fast in 2016 there was about 100 billion in the exchange fund account of the bank of canada