At par


 

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At par

At equality. Two currencies are said to be "at par" if they are trading one-for-one. The significance is more psychological then economic, but the long decline of the Canadian dollar "below par" with the U.S. dollar, and the more recent decline of the euro from above to below par, also with the U.S. dollar, has been cause for concern.

At par

A price equal to nominal or face value of a security. See: Par.



At par

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