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Israel keeps rates steady.

Global Banking News-27 October 2009-Israel keeps rates steady(C)2009 ENPublishing -

Global Banking News - 27 October 2009(c)2005 - Electronic News Publishing -

The central bank of Israel has kept its rates steady.

The central bank of Israel has kept its interest rate steady. The bank left its key interest rate unchanged at 0.75% for the second straight month and also indicated uncertainty about the strength of the global economic recovery.

In August, Bank of Israel became the first central bank to raise its key interest rate in response to signs that the global economy was beginning to recover from a steep downturn.

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Publication:Global Banking News (GBN)
Date:Oct 27, 2009
Previous Article:Canadian central bank rebukes banks.
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