Loonie Mixed Ahead Of BoC Decision
April 13 2022 - 5:00AM
RTTF2
The Bank of Canada will announce its interest rate decision at
10 am ET Wednesday. The BoC is widely expected to raise interest
rate to 1 percent from 0.5 percent.
The loonie traded mixed against its major rivals before the
decision. While it fell against the greenback and yen, it held
steady against the euro. Versus the aussie, it rose.
The loonie was worth 99.38 versus the yen, 1.3691 versus the
euro, 1.2654 versus the greenback and 0.9377 versus the aussie at
9:55 am ET.
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