Bank of Canada
The Bank of Canada is the country's central bank, responsible for monetary policy, inflation, and financial stability. Find out the latest news, interest rate, inflation, and exchange rates, and learn about the Bank's programs and initiatives.
Exchange rates - Bank of Canada
Apr 28, 2017 · Find indicative exchange rates for the Canadian dollar against major currencies, and learn about the foreign exchange market and the Bank's role in it. Access daily, monthly and annual rates, historical data, currency converter and RSS feeds.
Currency Converter - Bank of Canada
Convert currencies using Bank of Canada exchange rates, which are indicative and updated daily. Select amount, currency and date range for conversions or data lookup.
Daily exchange rates - Bank of Canada
Find the indicative exchange rates of various foreign currencies against the Canadian dollar, updated once each business day. See the data for 2024-10-11 to 2024-10-17, or use the lookup tool for historical rates.
Interest rates - Bank of Canada
Find interest rates, data and background information on Canadian and U.S. interest rates, as well as the Bank's policy interest rate and yield curves. Compare changes to the Bank Rate and the overnight rate over time with the lookup tool.
Policy interest rate - Bank of Canada
Sep 4, 2024 · The Bank of Canada adjusts the target for the overnight rate on eight fixed dates each year to influence short-term interest rates and monetary policy. See the recent data, the schedule for 2024 and 2025, and the explainer on the policy interest rate.
Monetary policy - Bank of Canada
Learn how the Bank of Canada controls inflation and contributes to Canada's economic and financial welfare through its monetary policy framework. Find out about the inflation-control target, the policy interest rate, the flexible exchange rate, …
Bank of Canada publishes its 2024 schedule for policy interest …
Jul 27, 2023 · The Bank of Canada released its 2024 schedule for policy interest rate announcements and other major publications on July 27, 2023. See the dates for the Monetary Policy Report, the Business Outlook Survey, the Canadian Survey of Consumer Expectations and the Financial Stability Report.
Understanding our policy interest rate - Bank of Canada
Apr 13, 2022 · The Bank of Canada sets a target for the overnight rate, also called the policy interest rate, to control inflation. Learn how the policy rate affects other interest rates in the economy and why it may change depending on the economic situation.
Monetary Policy Report Press Conference Opening Statement
Oct 26, 2022 · The Bank of Canada announced a sixth consecutive increase in the policy interest rate to 3.75% on October 26, 2022, to curb high and broad-based inflation. The Bank expects inflation to decline to 3% by the end of 2023 and to return to 2% by the end of 2024, but warns of the risks of under- and over-tightening.