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Posted AT 4:20 PM EDT on 02/12/03

Bank stands pat, eyes dollar

Globe and Mail Update

The Bank of Canada left interest rates unchanged Tuesday, but left the door open for future cuts if a rising loonie gets in the way of the nation's economic rebound. In its final fixed-rate policy announcement of the year, the central bank said it would keep its key target for the overnight rate at 2.75 per cent.

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