Bank of Israel leaves interest rate unchanged at 4.5 pc

Tel Aviv [Israel], April 9 (ANI/TPS): The Monetary Committee of the Bank of Israel decided on Monday to leave the interest rate unchanged at 4.5 per cent.

In announcing its decision the Bank said economic activity and the labour market in Israel continue to recover gradually. Alongside this, the extent of geopolitical uncertainty has increased, reflecting a relatively high-risk premium for the economy.

Also, inflation in