Bank of Israel

BoI lowers interest rate by 0.25% in bid to combat inflation, stimulate economic growth

BoI implemented first interest rate cut since March 2020 to stimulate economic growth.

Bank of Israel allows mortgage increase of NIS 200,000 for various purposes

The BOI offers temporary relief to borrowers, allowing them to increase their mortgage for debt relief or Merkhav Mugan (protected space) construction in old apartments.

The shekel is getting stronger, but for the wrong reasons

The shekel-dollar rate has dropped below NIS 3.6, indicating the Israeli currency’s increasing strength — but it may be coming as a result of deeper issues.

Bank of Israel holds key interest rate steady

Gafni blasts Yaron as ‘bad governor’

By REUTERS
27/11/2023

Netanyahu, Smotrich extend term for Bank of Israel Governor Amir Yaron

Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich agree on a second five-year term for Bank of Israel Governor Amir Yaron.

By REUTERS
20/11/2023

Bank of Israel warns wartime changes to 2023 budget can harm economy

The Bank of Israel's research department analyzed the proposed amendments to the 2023 budget and warned that some elements of the changes could damage Israel's economic standing.

The war from an economic perspective - opinion

The current circumstances make it impossible to carry on business as usual on the economic front.

By KARNIT FLUG , JACOB FRENKEL
02/11/2023

Bank of Israel works to stabilize markets, push to delay loan repayments

The Bank’s central concern at present is the depreciation of the shekel as an inflationary risk.

'Just lower interest rate,' Israeli lawmaker tells cbank amid conflict

Under the plan, loan payments of mortgages, consumer credit and business credit would be deferred without charging interest and without charging fees.

By REUTERS
16/10/2023

October looks as if it will be challenging for the Israeli economy

ECONOMIC AFFAIRS: Besides inflation, the shekel-US dollar rate will also impact the interest rate decision.

By AHARON KATZ/GLOBES/TNS
29/09/2023
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