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Home > Publications and Research > Press Releases > January 2012

Press Releases

17 January 2012
Bank of Canada maintains overnight rate target at 1 per cent

Press Release - Ottawa

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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