August 13, 2020
Explainers
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August 13, 2020
Understanding inflation targeting
At the Bank of Canada, we aim to keep inflation close to 2 percent. -
August 13, 2020
Understanding inflation
Inflation is a persistent rise in the average level of prices over time. -
August 13, 2020
Understanding exchange rates
The foreign exchange market determines how much our dollar is worth. The Bank of Canada very rarely intervenes to support its value.