Bank of Israel cuts key rate to 0.1% from 0.25%
The Bank of Israel lowered its
benchmark interest rate to 0.1% from 0.25% for its
first rate cut in five years on Monday, joining other central
banks in helping the economy cope with the coronavirus outbreak.
benchmark interest rate to 0.1% from 0.25% for its
first rate cut in five years on Monday, joining other central
banks in helping the economy cope with the coronavirus outbreak.
Posted by Reuters
