Coronavirus: Bank of Israel chief and policymakers in quarantine

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Bank of Israel Governor Amir Yaron, his deputy and the rest of the monetary policy committee (MPC) are in quarantine after a central bank employee tested positive for the coronavirus.

The Bank of Israel said on Tuesday that the employee was not a member of the MPC but had attended its meeting last Wednesday.

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The six MPC members will remain in isolation at least until epidemiological tests are completed and further instructions received.

The central bank noted that committee members regularly work from home.

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The MPC will next decide on interest rates on October 22.

Israel entered a second lockdown on Friday at the onset of the Jewish holiday season and residents must stay mostly at home following a resurgence in coronavirus cases. In the past week, new infections have exceeded 5,000 on some days.

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