Israel to announce rate decisions while trading floor is open


The Bank of Israel's monetary committee will, from this month, begin announcing its interest rate decision at 4pm rather than 5:30pm, to bring it explicitly within the trading day and in line with "accepted practices at a number of central banks around the world".

Until now, the announcement has been published at 5:30pm, which used to be an hour after the close of trading on the Tel Aviv Stock Exchange (Tase). However, in June 2013, trading on the Tase was extended so trading in stocks and bonds

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