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CAD Central Bank

Bank of Canada will likely avoid a new appreciation of the Canadian dollar during his statement after the meeting on interest rates today, analysts at BNP Paribas. The decision is scheduled for 17.00. Today. In March the Bank unexpectedly supported the national currency with optimistic comments that the negative impact of the decline in oil prices has already passed, and expects strong growth in exports, investment and employment this year. However, achieving stable growth requires relatively weak currency, analysts add.