BoI lowers interest rate by 0.25% in bid to combat inflation, stimulate economic growth
BoI implemented first interest rate cut since March 2020 to stimulate economic growth.
BANK OF Israel headquarters in Jerusalem: Israel’s favorable environment for economic development has been accompanied by an impressive improvement in the country’s credit rating, say the writers. (photo credit: YONATAN SINDEL/FLASH90)ByZACHY HENNESSEYUpdated: