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Home > Publications and Research > Press Releases > October 2010

Press Releases

19 October 2010
Bank of Canada maintains overnight rate target at 1 per cent

Press Release - Ottawa, Ontario

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

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