Despite economic turmoil, Israel's interests set to remain at 4.75%

Recent signs of decreased inflation indicate an unchanged interest rate, as consumers begin saving and global pressures subside.

New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.

New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.

(photo credit: REUTERS/NIR ELIAS)

ByZACHY HENNESSEY

SEPTEMBER 3, 2023 14:47

Updated: SEPTEMBER 4, 2023 07:28

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