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By Pete Sadler in bank — 30 May 2023

Bank of Israel issues warning of possible rate increases if the shekel continues to slide

Bank of Israel issues warning of possible rate increases if the shekel continues to slide
Image by Tumisu from Pixabay

Israel’s central bank may need to tighten monetary policy should the shekel weaken further, Governor Amir Yaron said on Tuesday, one week after raising the country’s interest rates to their highest in 17 years.

Read More : Bank of Israel issues warning of possible rate increases if the shekel continues to slide

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