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Prime Rate
Canadian Prime Rate
The rate at which lending institutions charge their preferred customers. Because these customers represent the least risk, lenders can offer them the best interest rate. An increase in interest rates usually results in an increase in demand for Canadian dollars as investors can expect higher returns as interest rates rise.
| Date | Value | Previous | Change |
|---|---|---|---|
| May 9, 2012 | 3.00 | 3.00 | -- |
| May 2, 2012 | 3.00 | 3.00 | -- |
| Apr 25, 2012 | 3.00 | 3.00 | -- |
| Apr 18, 2012 | 3.00 | 3.00 | -- |
| Apr 11, 2012 | 3.00 | 3.00 | -- |
| Apr 4, 2012 | 3.00 | 3.00 | -- |
| Mar 28, 2012 | 3.00 | 3.00 | -- |
| Mar 21, 2012 | 3.00 | 3.00 | -- |
| Mar 14, 2012 | 3.00 | 3.00 | -- |
| Mar 7, 2012 | 3.00 | 3.00 | -- |