GBPCAD

British pound / Canadian dollar

Prime Minister of Japan Fumio Kishida on Monday rejected a proposal to add salary increase among the new monetary policy targets that the government and central bank must pursue to support a fragile state of the economy.

Canada on Thursday released its first-ever national climate change adaptation strategy, which includes C$1.6 billion ($1.2 billion) in new federal funding commitments.

A survey made on Thursday by The Confederation of British Industry (CBI) showed results that may not seem the most iridescent.

On Wednesday, the Bank of England announced plans to sell some long-dated and index-linked gilts. These gilts were purchased by the bank in the period from September 28 to October 14 in order to provide stability to the financial markets.

BOE’s Top Economist Huw Pill declared that the bank should increase the interest rate level more. It is necessary to curb the inflationary pressure which becomes more dependent on inner factors.