TEL AVIV Dec 11 Bank of Israel Governor Karnit
Flug on Sunday indicated that Israel's benchmark interest rate
will not go below a current 0.1 percent, especially
since the economy is in good shape and near full employment.
Flug, speaking at the Globes business conference, declined
to say when the central bank would start raising rates after
keeping the key rate steady for 21 straight months.
"There are risks associated with low and negative rates,"
she said. "It's better ... we didn't have to go that
(Reporting by Steven Scheer)