Wednesday, October 5, 2022
HomeEconomyBank of Canada says not involved in foreign exchange intervention to support...

Bank of Canada says not involved in foreign exchange intervention to support yen

OTTAWA (Reuters) – The Bank of Canada said on Thursday it was not involved in any currency market intervention after Japan started buying yen earlier in the day, a move that has been since to prop up its battered currency.

“The Bank of Canada is not involved in any foreign exchange intervention,” said Paul Badertscher, director of media relations at the Bank of Canada, at the Bank of Canada.

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