Wednesday, June 13, 2007

WRAPUP 2-Canada mulls why C$ so strong, set to raise rates

(Reuters) - Speaking in the Atlantic province of Newfoundland and
Labrador, Bank of Canada Governor David Dodge admitted the
Canadian dollar had risen further and faster than the central
bank had expected.




But he said inflationary risks were rising too, pushing
inflation above the bank's 2 percent target, and the economy
was growing a full percentage point faster than the central
bank expected.


Read more at Reuters.com Bonds News

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