Bank of Israel raises interest rate by 0.75% to 2%
The last time the Bank of Israel moved by three-quarters of a point was a rate reduction in early 2009.
The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020. (photo credit: REUTERS/RONEN ZVULUN/FILE PHOTO)ByREUTERSUpdated: