BOI: Israel's economy recovering faster than expected
Bank of Israel Economy
By JPOST.COM STAFF
Published: OCTOBER 11, 2009 13:32
The Bank of Israel (BOI) announced on Sunday that the country's economy was recovering faster than expected, Israel Radio reported.
However, BOI representatives stated that additional economic growth would depend on the recovery of the global markets.
The central bank analyzed economic developments in Israel between May and August 2009, saying that the rise of the Shekel could be attributed to optimistic forecasts concerning the swift recovery of Israel's economy, and especially the weakening of the US Dollar.
The Jerusalem Post Customer Service Center can be contacted with any questions or requests:
Telephone: *2421 * Extension 4 Jerusalem Post or 03-7619056
The center is staffed and provides answers on Sundays through Thursdays between 07:00 AM and 14:00 PM and Fridays only handles distribution requests between 7:00 AM and 12:30 PM
For international customers: The center is staffed and provides answers on Sundays through Thursdays between 7AM and 14PM Israel time Toll
Free number 1-800-448-9291