Bank of Israel

Israel's central bank
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Shekels and dollars

Dollar to NIS 3.30 is 'the new normal' - Leumi

In contrast to recent years, the shekel-dollar rate is likely to hover around NIS 3.30 for the near future, according to Bank Leumi analysts.


Coronavirus a bigger influence on economy than fourth elections

International credit rating agencies want to see Israel form a stable government, but they won't rush to reduce the credit rating of the country leading the world in vaccinations, Hapoalim said.

Israeli shekels

Israel to mark Global Money Week March 22-28

A series of videos, presentations, and games on the Bank of Israel website teach teens about managing a budget, saving money, and understanding a bank account.


Israel's new digital bank set to shake up the banking sector

Interested parties can join the bank's waiting list on its website

Statistics on the implementation of smart payment terminals in Israel.

Israel's move toward smart payment terminals passes milestone

By July 31, 2021, transactions at all businesses, other than exceptional cases, will only be possible via the EMV standard.

The Bank of Israel building is seen in Jerusalem June 16, 2020.

Bank of Israel keeps interest rate at 0.1% for 11th straight month

The decision is in line with the trend of other central banks around the world

The Bank of Israel building is seen in Jerusalem June 16, 2020.

Bank of Israel to hold rates as economy poised for steep rebound

Fuelled by a jump in vehicle sales ahead of a tax hike at the start of 2021 and despite a third lockdown, Israel’s economy grew an annualised 6.3% to end 2020 on a positive note.

GOOD news: Parking at the shuk just got easier.

Dented by COVID-19, Israeli economy dips 2.4% in 2020

It was the first time the economy had shrunk since a marginal decline in 2002, but Israel in 2020 outperformed a 5.5% average contraction in OECD countries.


January CPI falls less than expected as housing prices continue to rise

Meanwhile, housing prices rose by 0.9%, in November- December, indicating a 4% increase in the cost of apartments over the course of 2020.

The Bank of Israel building is seen in Jerusalem June 16, 2020.

Bank of Israel says COVID crisis has had minimal stability impact

The Israeli central bank said that giving banks the option to defer loan repayments by businesses and households had "prevented the initiation of many debt restructuring procedures".

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