Live Update 
From the Liveblog of
Thursday, October 22, 2020
From the Liveblog of
Thursday, October 22, 2020
In surprise decision, Bank of Israel leaves interest rate at 0.1%
Add ToI as a Preferred Source on GoogleThe Bank of Israel’s Monetary Committee makes a surprise decision to leave the interest rate unchanged at 0.1%, after it was widely expected to lower it to 0% due to the economic crisis caused by the coronavirus pandemic.
However, the BOI also decides to increase its purchase of government bonds to NIS 35 billion ($10.4 billion).
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