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Canadian dollar falls after the Bank of Canada signals a move to the sidelines

Canadian dollar falls after the Bank of Canada signals a move to the sidelines

The Canadian dollar declined after the Bank of Canada hiked rates, as expected, but also signaled a shift to the sidelines.

"If economic developments evolve broadly in line with the MPR outlook, Governing Council expects to hold the policy rate at its current level while it assesses the impact of the cumulative interest rate increases," the Read More

Posted: Jan 25 2023, 15:22
Author Name: forexlive
Views: 110838

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