About the Consulate
The Consulate General of Israel in New York represents the State of Israel in New York, Connecticut, and Northern New Jersey.
Monday, 22 November 2010 10:09
In an attempt to bring the interest rate to "normal" levels, the Bank of Israel announced today that it will be maintaining the interest rate at 2%. The Bank's goal is to keep the interest rate between 1-3%, thereby creating financial stability. In contrast to a number of developed economies across the globe, the Israeli economy has been steadily growing during the recession. Its average rate of growth during the last five years has been approximately 4%.
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