Interest Rates

 

The Bank of Canada represents something of a benchmark for a modern-day, operationally independent central bank. It pursues its core areas of responsibility with exemplary openness and ability to challenge itself. There is a demonstrable effort to generate improvements and an energy to get the job.

Eight times a year, the Bank announces its decision on the setting of its key policy interest rate.

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Bank of Canada Verified account @bankofcanada. Canada’s Central bank. Promoting the country’s economic and financial welfare. Keeping inflation low, stable and thelsman.infot Status: Verified.

All Bank of Canada exchange rates are indicative rates only, obtained from averages of aggregated price quotes from financial institutions. Please read our full Terms and Conditions for details. View the daily average exchange rates for 26 currencies. Published once each business day by View the monthly average exchange rates for 26 currencies. Published on the last business day of the month by View the annual average exchange rates for 26 currencies.

Published on the last business day of the year by Download our legacy noon and closing rates data. Download our historical CERI data. These rates were last updated in January , and will not be updated in future. Outlines the factors that influence the exchange rate and explains the role of the exchange rate in monetary policy.

Describes the selection criteria, calculation methodology and publishing process for the new exchange rates, effective 1 March Toggle navigation FR Toggle Search.

Careers Take a central role at the Bank of Canada. Target for the Overnight Rate Unclaimed Balances. Toward Reviewing the Monetary Policy Framework. Financial System Hub Promoting a stable and efficient financial system. November 13, Changes to publication of interest rate statistics. Upcoming changes to legal tender status for older bank notes Find out what removing legal tender status means and which bank notes are affected.

Monetary Policy Report — October The Bank projects that the Canadian economy will continue to grow in line with its potential through Careers Take a central role at the Bank of Canada. Target for the Overnight Rate Unclaimed Balances. Toward Reviewing the Monetary Policy Framework. Financial System Hub Promoting a stable and efficient financial system.

November 13, Changes to publication of interest rate statistics. Upcoming changes to legal tender status for older bank notes Find out what removing legal tender status means and which bank notes are affected.

Monetary Policy Report — October The Bank projects that the Canadian economy will continue to grow in line with its potential through Digital Currencies and Fintech Understanding digital currencies and related financial technologies is an important part of our research agenda. Browse Press Browse and filter Bank of Canada press content by topic, author, location and content type. Staff Economic Projections These forecasts are provided to Governing Council in preparation for monetary policy decisions.

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