Daily Israel Report
13:19
Reported

News Brief

  3/29/2010, Nisan 14, 5770

Bank of Israel Raises Interest Rates by 0.25%


Bank of Israel Governor Stanley Fischer raised interest rates by 0.25%, from 1.25% to 1.50% on Monday.
The move was made to combat rising real estate prices.

In the last two months there has been no change in interest rates.