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Dollar rises following interest rate cut

03-Sep-2008
Story Timeline:  127 days

By Julian Beltrame, THE CANADIAN PRESS Bank of Canada Governor Mark Carney. THE CANADIAN PRESS/Tom Hanson OTTAWA - The Bank of Canada stuck to its guns on interest rates Wednesday, holding the overnight rate at three per cent despite acknowledging that both inflation and the economy are weaker than previously projected. The central bank's decision to stay on the sidelines for the third consecutive announcement... [read full story]                    

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Central bank warns U.S. turmoil a risk

theglobeandmail.com 04-Sep-2008
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Bank of Canada holds steady on rates

canada.com 03-Sep-2008
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