Bank of Canada (BOC)

    By
    Andrey Orlov
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    The Bank of Canada (BOC) is the central bank of Canada, headquartered in Ottawa.

    The role of the bank is to “promote the economic and financial well-being of Canada”, according to the Bank of Canada Act. It is responsible for the issuance of the Canadian dollar (CAD).

    Learn how the monetary policy of central banks can influence the currency exchange rates:

    Forex fundamental analysis