Articles in "Bank of Israel"
Bank of Israel Buys $801 Million in Forex Amid Shekel Volatility
The Bank of Israel purchased approximately $801 million in foreign currency in May, according to its monthly reserves report, in an ...
Bank of Israel Cuts Interest Rate to 3.75% on Strong Shekel and Easing Inflation
The Bank of Israel cut its benchmark interest rate on Monday by 0.25 percentage points to 3.75%, citing a stronger shekel, moderating ...
‘We Take a Loss’: Surging Shekel Puts Pressure on Israeli Nonprofits
Israel’s rapidly strengthening shekel is placing growing financial pressure on charities and nonprofit organizations in Israel, forcing ...
Israel’s Economy Grew in 2025, but War Left a $47 Billion Hole
Israel's economy grew faster in 2025 than the year before, inflation fell back within target and the stock market posted one of its ...
Bank of Israel Cuts Interest Rate Again, Defying Economist Forecasts
For the second consecutive meeting, the Bank of Israel has lowered its key interest rate, cutting it by 0.25 percentage points to 4%. The ...
Haredi Enlistment Would Ease Army and Economic Strain, Bank of Israel Says
Increasing Orthodox Jewish (Haredi) enlistment in the Israel Defense Forces could save the economy billions of shekels, the Bank of Israel ...
Bank of Israel Cuts Interest Rate to 4.25% for First Time in Nearly Two Years
After nearly two years, the Bank of Israel lowered its interest rate, cutting it by a quarter of a percentage point to 4.25% on Monday. ...
‘A Heart of Gold’: Stanley Fischer, Key Figure in Israeli and Global Finance, Dies at 81
Israeli leaders mourned the death of a former leading figure in global economics and Bank of Israel Governor Stanley Fischer on Sunday ...
‘It Drives You Crazy’: Immigrants Challenge Israeli Banks Over Fallout From Russian Sanctions
An international ban on Russian banking is having a spillover effect in Israel, where thousands of immigrants from Russia, Ukraine, and ...
Israel’s Sovereign Wealth Fund Grows to $2 Billion Despite War
Israel's Sovereign Wealth Fund, known as the Citizens' Fund, held assets worth approximately $2 billion at the end of 2024, according to ...