Bank of Israel governor leaves rate unchanged

ISRAEL - Key lending rates will remain unchanged at 9.1 percent in August, Bank of Israel governor David Klein announced Monday afternoon.

Klein explained that following a 4.5 percentage point rise in the past month, the shekel strengthened somewhat against the dollar, and together with the decrease in yields of government bonds, a relative financial calm has been achieved in the financial markets.

At the same time, Klein said, inflation expectations for the next few years have dropped.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: