BOI keeps interest rate at 0.1 percent

The 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.”

Never miss breaking news on Israel
Get notifications to stay updated
You're subscribed
Register for free
and continue reading
Registering also lets you comment on articles and helps us improve your experience. It takes just a few seconds.
Already registered? Enter your email to sign in.
Please use the following structure:
Or Continue with
By registering you agree to the terms and conditions. Once registered, you’ll receive our Daily Edition email for free.
Register to continue
Or Continue with
Log in to continue
Sign in or Register
Or Continue with
check your email
Check your email
We sent an email to you at .
It has a link that will sign you in.