Weekly roundup of world briefs
November 3, 2023
Bank of Israel leaves benchmark rate unchanged
(JNS) — The Monetary Committee of the Bank of Israel decided on Monday to leave its key interest rate unchanged at 4.75 percent.
The war against terrorists in Gaza and Lebanon that began on Oct. 7 is having various economic effects, both on real activity and on the financial markets, the central bank noted.
The bank has taken a number of policy measures to deal with the situation. The financial markets are functioning and a large part of economic activity is continuing as usual, it said.
In view of the war, the Monetary Committee said its...