Summary of Discussions on Interest Rate Decisions


In accordance with Section 19(a) of the Bank of Israel Law, the Monetary Committee publishes a summary of its discussions regarding the interest rate. The discussions are published within two weeks of the date of the decision.
The presentation of summaries of the discussions in a format accepted by central banks of advanced economies around the world is intended to increase the transparency of the interest rate policy. Publication of the summaries of the discussions, together with other the Bank's other publications, enables the public, the Knesset, and the government to deepen their understanding of the Bank of Israel's monetary policy.
Interest Rate Releases and Discussions
Inflation over the past year April, 2014 to April, 2015%-0.5
Inflation target %3 - %1

Representative Exchange Rates

Latest Update: 26/05/2015
Currency (Unit) Rate Daily Change
Dollar 3.8750 0.052%
Pound 5.9732 -1.591%
100 Yen 3.1631 -1.375%
Euro 4.2320 -2.103%
Nominal Effective Rate -1.163%
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