Articles in "Bank of Israel"

‘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 ...

Bank of Israel Governor Warns Judicial Reform Passage Could Harm Economy

Governor of the Bank of Israel (BOI) Amir Yaron spoke about Monday’s decision to leave the interest rate unchanged at 4.75%. The main ...

Israel Raises Interest Rate Again to 4.5%

The Monetary Committee of the Bank of Israel (BOI) Monday announced its decision to once again raise the rate of interest, this time by ...

Bank Hapoalim to Absorb Cost of Higher Interest for 10,000 Mortgage Borrowers

One of Israel's largest banks announced on Sunday that it will absorb an anticipated increase mortgage rate interest for around 10,000 ...

Bank of Israel Raises Interest Rates 0.5 Percentage Points to 3.25%

The Bank of Israel (BOS) is raising interest rates again. The bank announced Monday that it will increase the interest rate by 0.5 ...

US Dollar Almost Hits 25 Year Low Against the Shekel, Bank of Israel Forced to Intervene

The Bank of Israel (BOI) today was forced to intervene when the US Dollar came very close to hitting a 25 year low. As it stands right now, ...

Bank of Israel Leaves Interest Rates Unchanged

The Monetary Committee of The Bank of Israel will keep the interest rate unchanged at 0.1 percent. This decision is related to the ongoing ...

Israel Moving Quickly to Smart and Secure Payments in Commerce

The implementation of the first milestone in the deployment of the EMV (Europay, MasterCard, and Visa)  smart payment framework in Israel ...


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