Live Update 
From the Liveblog of
Thursday, October 7, 2021
From the Liveblog of
Thursday, October 7, 2021
Bank of Israel leaves interest rate unchanged at 0.1%
Illustrative photo of the new 100 Israeli Shekel bill on December 31, 2017. (Nati Shohat/Flash90)
The Bank of Israel leaves its benchmark interest rate at its all-time low of 0.1%, retaining the figure for the 12th consecutive meeting.
The bank’s monetary policy committee cut the rate from 0.25% to 0.1% at the start of the COVID-19 pandemic, and has left it in place ever since.
Economists expect that the Bank of Israel will increase the interest rate in 2022 or 2023.
If you’d like to comment, join
The Times of Israel Community.
The Times of Israel Community.
JOIN THE TOI COMMUNITY
Already a member? Log in here