Action Insight-Forex Analysis – BoC: Rate Unchanged, Economic Recovery Impaired by CAD Strength
Tuesday, January 19th, 2010The Bank of Canada kept the overnight rate unchanged at 0.25% and
pledged to keep it at current level until the end of the second quarter of 2010 in order to achieve the inflation target. Concerning economic development, the central bank believed strong Canadian dollar will continue to dampen activities…
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