Bank of Israel leaves interest rate unchanged as shekel strengthens

"For the year to date, the shekel has strengthened by 6 percent in terms of the nominal effective exchange rate, and since the last meeting it has appreciated by 1.2 percent,"Prof. Amir Yaron, said.

Amir Yaron attends a ceremony whereby he is sworn in as Bank of Israel governor by Israel's President Reuven Rivlin, in the presence of Prime Minister Benjamin Netanyahu and Finance Minister Moshe Kahlon, in Jerusalem December 24, 2018.

(photo credit: REUTERS/AMIR COHEN)

ByEYTAN HALON

MAY 20, 2019 17:01

Bank of Israel leaves interest rate unchanged as shekel strengthens

"For the year to date, the shekel has strengthened by 6 percent in terms of the nominal effective exchange rate, and since the last meeting it has appreciated by 1.2 percent,"Prof. Amir Yaron, said.

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Bank of Israel leaves interest rate unchanged as shekel strengthens

"For the year to date, the shekel has strengthened by 6 percent in terms of the nominal effective exchange rate, and since the last meeting it has appreciated by 1.2 percent,"Prof. Amir Yaron, said.

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