Israel Interest Rate

The benchmark interest rate in Israel was last recorded at 0.75 percent. Interest Rate in Israel is reported by the Bank of Israel. Interest Rate in Israel averaged 6.54 Percent from 1996 until 2014, reaching an all time high of 17 Percent in June of 1996 and a record low of 0.50 Percent in March of 2009. In Israel, the interest rates decisions are taken by the Bank of Israel. The official interest rate is the "headline" rate. This page provides - Israel Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.75 0.75 17.00 0.50 0.50 | 2014/06 1996 - 2014 Percent Monthly

TO

Israel Interest Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-12-23 03:30 PM Israel
Interest Rate Decision
1.0% 1.0% 1%
2014-01-27 03:30 PM Israel
Interest Rate Decision
1% 1% 1% 1%
2014-02-24 03:30 PM Israel
Interest Rate Decision
0.75% 1% 1% 1%
2014-03-24 03:30 PM Israel
Interest Rate Decision
0.75% 0.75% 0.75% 1%
2014-04-28 03:30 PM Israel
Interest Rate Decision
0.75% 0.75%
2014-05-26 03:30 PM Israel
Interest Rate Decision
0.75%
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Money Last Previous Highest Lowest Forecast Unit
Interest Rate 0.75 2014-03-24 0.75 17.00 0.50 0.50 2014-06-30 Percent [+]
Foreign Exchange Reserves 85570.00 2014-03-31 83976.00 85570.00 7655.80 87589.25 2014-06-30 USD Million [+]
Interbank Rate 0.79 2014-03-15 1.00 18.58 0.50 0.50 2014-06-30 Percent [+]
Money Supply M1 152316.00 2014-03-15 149514.00 152316.00 8.00 157940.89 2014-06-30 ILS Million [+]
Money Supply M2 564583.30 2014-01-15 562252.50 564583.30 12.40 579842.33 2014-06-30 ILS Million [+]
Money Supply M3 710150.00 2014-01-15 707447.00 710150.00 51915.00 728497.53 2014-06-30 ILS Million [+]
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Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


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Israel Money Supply M3 at 710150.00 ILS Million  
Money Supply M3 in Israel increased to 710150 ILS Million in January of 2014 from 707447 ILS Million in December of 2013. Money Supply M3 in Israel is reported by the Bank of Israel.
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