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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.
0.75%
Interest Rate Releases and Discussions
Inflation over the past year March, 2013 to March, 2014%1.3
Inflation target %3 - %1

Representative Exchange Rates

Latest Update: 22/04/2014
Currency (Unit) Rate Daily Change
Dollar 3.4840 0.288%
Pound 5.8611 0.231%
100 Yen 3.3967 -0.250%
Euro 4.8134 0.062%
Nominal Effective Rate 0.181%
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