Bank of Israel

Dollar falls below three shekels for first time in over 30 years, annual inflation rate declines

Avraham Novogrocki, president of Israel’s Manufacturers’ Association, which represents some 1,500 firms and 400,000 workers, said the strong shekel posed a risk to the economy.

Israeli shekel
Israeli shekel

Bank of Israel keeps rate unchanged, cuts growth forecast

Future financial predictions with cash, gold, and bitcoin

Prediction 2026

A vendor continues selling at Jerusalem's Mahane Yehuda market during the war with Iran, March 2026.

Under Iran fire, Israel’s basic cost-of-living gaps run deeper than income data suggests - study


Analysts see pay rises pushing inflation higher

According to the central bank's own research department, inflation will be 2.6% in 2025, falling to 2.3% in 2026.

 View of Bank of Israel main offices in Jerusalem, on January 2, 2023.

Shekel sharply weakens as markets tumble

On Friday, the Bank of Israel set the representative shekel-dollar rate 0.506% higher, at NIS 3.575/$.

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

Bank Yahav leads with lowest fees for account services, Bank of Israel report reveals

Bank Yahav charges the lowest fees for transactional services, while Mizrahi-Tefahot charges the highest.

 New Israeli Shekel banknotes and coins, illustrative. November 9, 2021

Mercantile Bank introduces Barak Nardi as new CEO

Nardi's appointment is subject to approval by the Bank of Israel, and the date of commencement of his term has not yet been determined.

 Barak Nardi

Shekel weakens sharply against US dollar

The Bank of Israel set the representative shekel-dollar rate down 0.248% from Monday, at NIS 3.627/$.

New Israeli Shekel bills are seen in front of an upwards-trending graph (illustration)

Israel's economy improving but uncertainty remains high - Central Bank Gov.

The Bank of Israel left its benchmark interest rate unchanged at 4.5% in its 8th straight such decision

 BANK OF Israel Governor Amir Yaron speaks at a news conference in Jerusalem last month. The regulatory shaming announced by the central bank this week is a step in the right direction, the writer maintains.

Freelancers ask central bank to cut interest rate, help businesses near bankruptcy

The forum emphasized that a rate cut could help mitigate some of the increased costs that freelancers and business owners are expected to face in 2025.

A shop opens at Agripas street in Jerusalem next to the Machane Yehuda market

Majority of complaints about Israeli public service justified – comptroller

The report examined some of the nearly 35,000 complaints made to the office between January 2019 and March 2024 – around 30% of which were about service to the public.

 STATE COMPTROLLER Matanyahu Englman condemned the assignment of female cadets in the IDF officers’ course to guard terrorists who committed violent acts of sexual assault and murder on October 7, the writer notes.

Bank of Israel holds rates as war fuels inflation but weighs on growth

The central bank noted that the inflation rate looks to rise in the coming months before easing again in the next year.

 BANK OF Israel headquarters in Jerusalem: Israel’s favorable environment for economic development has been accompanied by an impressive improvement in the country’s credit rating, say the writers.

Bank of Israel enforces sanctions and public shaming to improve compliance - opinion

Regulatory shaming by the Bank of Israel is a step in the right direction. We can only hope it will lead to real improvement in the conduct of the banks.

 BANK OF Israel Governor Amir Yaron speaks at a news conference in Jerusalem last month. The regulatory shaming announced by the central bank this week is a step in the right direction, the writer maintains.