Bank of Israel to keep rates steady as forex intervention preferred- Reuters Poll
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JERUSALEM (Reuters) - Israel's central bank will likely hold the line on short- term interest rates for a ninth straight decision this week, after policymakers damped expectations of a near-term cut in favour of foreign exchange intervention.All 18 economists polled by Reuters said the monetary policy committee (MPC) would keep its benchmark interest rate at 0.25% when the decision is announced on Thursday at 4 p.m. (1400 GMT), despite inflation remaining near zero."Positive growth data and an..