| US$/CAN$ closing rate summary | |||
|---|---|---|---|
| Latest | (2012-05-18) - $1.0208 | ||
| Past 12 months | |||
| High | (2011-10-04) - $1.0549 | ||
| Low | (2011-07-26) - $0.9428 | ||
| From 1950 to present | |||
| High | (2002-01-18) - $1.6125 | ||
| Low | (2007-11-06) - $0.9215 | ||
This issue features a summary of the Bank’s annual conference, which took place in November 2011 and dealt with payments systems, and two articles that present research by Bank staff on global current account imbalances and macrofinancial risk assessment. The fourth article in this issue reviews the recent experience with inflation targeting.
Deputy Governor John Murray discusses monetary policy decision-making at the Bank of Canada.
Minister of Finance Jim Flaherty and Governor Mark Carney today unveiled the new and more secure $20 polymer bank note at the Bank of Canada’s head office, on Wellington Street in Ottawa.
Deputy Governor Tim Lane discusses the global economic outlook and the integral – and historic – role of transport and logistics in building Canada’s prosperity.
The Governor of the Bank of Canada today designated the Canadian Derivatives Clearing Service (CDCS) as subject to ongoing regulatory oversight by the Bank under the Payment Clearing and Settlement Act (PCSA), effective 30 April 2012.