In the second interest rate decision since Stanley Fischer stepped down as
governor, the Bank of Israel has left its key lending rate unchanged at 1.25
percent for September.
Dr. Karnit Flug is currently acting governor of
the central bank, pending a permanent appointment.
The BoI had been
scheduled to make a single interest rate decision covering September and
October, but the bank’s Monetary Committee has decided to revert to a format of
12 interest-rate decisions a year. The decision on the interest rate for October
2013 will be published at 3:00 p.m. on Monday, September 23, 2013.