Which central bank has its exchange rate as a focus of its monetary policy?
A) Bank of Canada
B) Bank of England
C) European Central Bank
D) Federal Reserve

Name: Which central bank has its exchange rate as a focus of its monetary policy? A) Bank of Canada B) Bank of England C) European Central Bank D) Federal Reserve
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Question

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The Bank of Canada has an inflation target of 2%, and it uses the exchange rate as a tool to help achieve this target.

Which Central Bank Has Its Exchange Rate as a Focus