Thread: *Updated* Ongoing Bank of Canada Benchmark Rate Announcements
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Old 02-28-2023, 09:23 AM   #1024
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by The Fonz View Post
Doesn't increasing the overnight rate actually strengthen the CAD vs USD?
If the US boosts rates and Canada doesn't, the CAD should fall against the USD. But, there are a lot of factors and it's not that simple.
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