Published: Oct 24, 2023, 05:50 IST | Updated: Oct 24, 2023, 05:50 IST
The Israeli Central Bank has lowered its economic forecasts and maintained its focus on propping up the domestic currency, the shekel, by holding interest rates steady. The research division of the bank of Israel revised its gdp growth forecasts for 2023 and 2024 downward on Monday.