Bank of Canada maintains overnight interest rates unchanged

Note: This section contains information in English only.
Source: Forexpros
© Scanpix/AFP
The Bank of Canada announced on Tuesday that it held its benchmark interest rate still for the seventeenth month in a row in October. The central bank left overnight cash rate at 1.00%, meeting expectations. In an accompanying statement the bank said that some slight withdrawal of loose monetary policy would be likely to take place over time.

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