Canada Pakistan Affiliated Chamber of Trade

USD/CAD trims the early-day gains while declining to 1.3100 during the pre-European session on Tuesday. The loonie pair marks the second day of run-up as market sentiment favors the US dollar index (DXY) ahead of the US and Canadian traders’ return from the extended weekend. Also strengthening the quote could be the sustained weakness of Canada’s key export item oil. Reference:https://www.fxstreet.com//usd-cad-off-intraday-high-above-

When the first weeks of September roll around, nearly every inch of Yvonne Yang's Pistil Flowers shops is typically covered in orders for the Toronto International Film Festival.

Prime Minister Imran Khan said on Monday that Pakistan's economy was on the right track since country’s current account balance - the difference between government’s foreign income and expenditure - recorded a surplus $424million in July. MashaAllah Pakistan's economy is on the right track, PM Imran said in a tweet. After current account balance posted deficit of $613 mn in July 2019 & a deficit of $100 mn, in July 2020 current account balance swung upwards to a surplus of... $424 mn. The premier added that the strong turnaround was a result of continuing recovery in exports, that rose 20 per cent compared to June 2020, and record remittances. Reference: https://tribune.com.pk//pakistans-economy-on-right-track-p #Cpact #canada#Pakistan #Economy

Please follow the precautions. Stay safe, Stay healthy. Like & share for good, for humanity. #CPACT #humanity #staysafe #canada#trading#Pakistan