Bank of Israel governor raises interest rates by 0.25%

By JPOST.COM, SHARON WROBEL
August 24, 2009 18:13

Bank of Israel Governor Stanley Fischer raised interests by 0.25% on Monday, making Israel the first Western country to raise interest rates since the global economic crisis. Fischer was expected to leave the rate unchanged in the midst of concerns about further shekel appreciation hurting exporters and a continued rise in unemployment.


Related Content

Breaking news
October 20, 2019
Trump walks back decision to host G7 summit at golf resort

By JERUSALEM POST STAFF

Cookie Settings