India, July 15 -- The Bank of Canada on Wednesday announced its widely expected decision to once again leave interest rates unchanged.
The Canadian central bank said it decided to hold its target for the overnight rate at 2.25 percent, with the Bank Rate at 2.50 percent and the deposit rate at 2.20 percent.
The BoC said its Governing Council judges the current policy rate remains appropriate to sustain the economic recovery and bring inflation back to the 2 percent target.
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