bank of canada maintains key lending rate at 075
Last Updated : GMT 09:40:38
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Last Updated : GMT 09:40:38
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Bank of Canada maintains key lending rate at 0.75%

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Themuslimchronicle, themuslimchronicleBank of Canada maintains key lending rate at 0.75%

Bank of Canada
Ottawa - Arab Today

Canada's central bank maintained its key lending rate at 0.75 percent Wednesday, saying the plunge in oil prices appears to have "stalled" the Canadian economy.

Growth is expected to rebound mid-year and subsequently strengthen to 1.9 percent for 2015 -- revised downward from 2.1 percent a few months ago -- as exports pick up, it said.

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bank of canada maintains key lending rate at 075 bank of canada maintains key lending rate at 075

 



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