(Reuters) - Dodge said there was no cause for central bank intervention
in the foreign exchange market because the factors that would
trigger such a move under Bank of Canada guidelines --
disorderly markets or extreme volatility -- were absent.
"We haven't had disorderly markets, which is one of the key
issues, nor have we seen an issue where somehow currency
alignment has gotten way, way out of line," Dodge told
reporters after a speech in St. John's, Newfoundland.
Read more at Reuters.com Bonds News
in the foreign exchange market because the factors that would
trigger such a move under Bank of Canada guidelines --
disorderly markets or extreme volatility -- were absent.
"We haven't had disorderly markets, which is one of the key
issues, nor have we seen an issue where somehow currency
alignment has gotten way, way out of line," Dodge told
reporters after a speech in St. John's, Newfoundland.
Read more at Reuters.com Bonds News
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