Live Update 
From the Liveblog of
Monday, September 26, 2016
From the Liveblog of
Monday, September 26, 2016
BOI keeps interest rate at 0.1 percent
Add ToI as a Preferred Source on GoogleThe Bank of Israel leaves the interest rate unchanged for the month, at 0.1 percent.
In a statement, BOI says the decision is consistent with a monetary policy that “is intended to return the inflation rate to within the price stability target range of 1-3 percent a year, and to support growth while maintaining financial stability.
“The Monetary Committee continues to assess that in view of the inflation environment, and of developments in the global economy, in the exchange rate, as well as in monetary policies of major central banks, monetary policy will remain accommodative for a considerable time.”
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