bank of canada maintains key lending rate at 05
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
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Bank of Canada maintains key lending rate at 0.5%

Arab Today, arab today

Arab Today, arab today Bank of Canada maintains key lending rate at 0.5%

Canada economy
Ottawa - Arab Today

Canada's central bank maintained its key lending rate at 0.5 percent Wednesday, saying the economy would pick up later than forecast, in this year's second quarter.

The slump in oil prices, softness in the US economy and weak business investment have held back the Canadian economy's potential growth, the Bank of Canada said in a statement.

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