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Pound Sterling-Canadian Dollar Exchange Rate: 1.7349 (0.03%) Charts
Canadian Dollar-Pound Sterling Exchange Rate: 0.5727 Charts

Canadian Dollar Jilted by BoC Over Pint of QE at the 'Effective Lower Bound'

Canadian Dollar Jilted by BoC Over Pint of QE at the 'Effective Lower Bound'


The Canadian Dollar was left jilted on Friday by a Bank of Canada (BoC) decision to cut the cash rate to the "effective lower bound" and to launch a quantitative easing program that will see it buy almost one percent…

Key Statistics
Live GBP/CAD Exchange Rate: 1.7349
Daily Change: 0.0321%
Opening Rate: 1.7343
Today's Low: 1.7343
Today's High: 1.7348
Low of the Past Year: 1.3783 (21-03-2020)
High of the Past Year : 1.786 (10-03-2020)
Relative Performace
1 Day
1 Week
1 Month
This Year
Past Year
5 Years
10 Years

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* 1 Week = past 5 trading days, 1 Month = past 20 trading days, This Year = 2020, Past Year = Past 365 Days

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Canadian Dollar Jilted by BoC Over Pint of QE at the 'Effective Lower Bound'

  • Written by James Skinner

The Canadian Dollar was left jilted on Friday by a Bank of Canada (BoC) decision to cut the cash rate to the "effective lower bound" and to launch a quantitative easing program that will see it buy almost one percent of local government debt each week, which has aided a Pound-to-Canadian Dollar rate recovery off 2020 lows.

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Canadian Dollar Beckoned Toward New Millennium Lows

  • Written by James Skinner

 asThe Canadian Dollar was firmer on Thursday as investors cheered actions by the government and central bank cavalry that have calmed flighty risk markets overnight although the Loonie risks falling to levels not seen since after the turn of the new millennium over the coming weeks, according to some analysts. 

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