Bank Of Israel Slashes Key Rate 25 BPS, 2nd Cut This MonthMani
The Bank of Israel slashed yesterday its benchmark rate by 25 basis points to 1.25 percent, marking the second rate cut this month.
The central bank has cut the interest rate for the second time in two weeks.
Bank of Israel's Governor Stanley Move:
Governor Stanley Fischer and his monetary committee cut the interest rate as the bank continues to fight a strong shekel and to . . .
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