StockMarketWire.com - The Canadian dollar has remained well positioned following the Bank of Canada (BoC) decision to keep key interest rates at 1%.
The BoC announced that they would be holding interest rates at 1% Wednesday afternoon, a level in which they have been at since September 2010.
Immediately following the announcement, the Canadian dollar pushed higher against the majority of its counterparts. USDCAD 1.0309 +0.36%, CADJPY 90.78 -0.24%, NZDCAD 0.8578 +0.20%, GBPCAD 1.552 +0.16%, EURCAD 1.3409 +0.16%, CADCHF 0.9173 -0.15% and AUDCAD 1.0581 +0.10%
At 4:29pm:
Story provided by StockMarketWire.com
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