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Central bank forecast dims prospects of loonie.

Global Banking News-March 19, 2014--Central bank forecast dims prospects of loonie

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Global Banking News - 19 March 2014

The Canadian dollar lost value early to close about two-thirds of a cent on Tuesday, following comments from the central bank head.

The governor of the Bank of Canada said the economy may miss expectations in the first few months of this year and the slowdown may not be entirely related to the weather.

Stephen Poloz said that one could expect slower than normal growth in Canada.

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Publication:Global Banking News (GBN)
Date:Mar 19, 2014
Words:113
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