Economics

Rally Counters Covid Wave for Bank of Israel: Decision Day Guide

Strong economic recovery threatened by recent Covid-19 surge
Investors seek updates to bond, forex-purchasing programs

Commercial and residential buildings in Gaza City.Photographer: Ahmad Salem/Bloomberg

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By Daniel Avis

August 23, 2021 at 5:00 AM UTC

Updated on

August 23, 2021 at 9:42 AM UTC

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The Bank of Israel is expected to leave its key interest rate unchanged on Monday to bolster an economy that’s rallying despite the recent surge in Covid-19 cases.