We anticipate that this will result in a decrease in Canadians' desire for things created in the United States.
A currency gains value as it increases; it loses value when it decreases. The value of one currency will increase as the exchange rate changes, while the value of the other currency will decrease.
The Bank would utilize other currencies to purchase Canadian dollars if the value of the Canadian dollar fell too quickly. This would increase interest in and support the value of our money. The Bank would exchange Canadian dollars for other currencies if the value of the Canadian dollar rose too quickly.
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