Canada not looking to change exchange regime in 2021 review – Schembri

Deputy governor highlights benefits to economy since adopting regime

Bank of Canada
Photo: Shutterstock

The Bank of Canada is not looking to change its flexible exchange rate regime during the 2021 monetary policy framework review, deputy governor Lawrence Schembri said in a speech on June 17.

While the central bank is unlikely to alter its floating exchange rate policy, policy-makers must review even successful regimes regularly, Schembri added.

In the speech, he praised the regime for giving central banks the flexibility to set the course for monetary policy and inflation. It also helped

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.