The benchmark rate was cut by 0.25 percentage points to 4.5%.The post Bank of Israel cuts interest rate for first time since 2022 appeared first on JNS.org.
JERUSALEM (Reuters) -The Bank of Israel denied a report that Governor Amir Yaron will on Monday announce that he will not to seek a second term, reiterating he would make his decision around September-October. Earlier, Army Radio - one of two main radio channels in Israel - reported that Yaron would on Monday make public his decision to not seek another term.
When Netanyahu’s ultimate biography will be written, these years will undoubtedly be considered one of the peaks of his career, but one that came with a painful cost.
Bank Esh Israel is second new bank approved in Israel this year with the last bank establishment occurring more than 40 years ago - Click the link for more details