- Bank of Canada Governor Stephen Poloz rejects that he has been talking down the Canadian dollar
Noticias del mercado
10 febrero 2015
Bank of Canada Governor Stephen Poloz rejects that he has been talking down the Canadian dollar
The Bank of Canada (BoC) Governor Stephen Poloz rejected on Tuesday that he has been talking down the Canadian dollar. He added that the decline of the loonie depends on Canada's economy.
The BoC governor noted that oil prices are responsible for the performance of the economy.
The Canadian dollar fell 3.2% since interest rate cut by the Bank of Canada on January 21. The central bank lowered its interest rate to 0.75% from 1.00%.
Poloz pointed out that the further interest rate cut will depend on the economy's fundamentals.
Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir cuenta demo y página personal