Interest rates are borrowing by banks and major financial institutions from each other for one night, and is a change in the rates of the most important monetary policy tools.
Release date:
Eight times a year
Type Indicator:
Monetary policy and interest rates
Source:
Bank of Canada-BOC
The impact of the index:
Strong indicator capable of moving the market immediately after its release, and if the real value of the index at the larger-than-expected release be a positive currency, but if the real value of the index when it is published less than expected to be negative for the currency.
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