israel currency

Israeli Digital bank ONE ZERO launches for the first time in four decades

Did you know that a new bank opened in Israel on August 16? The digital bank ONE ZERO has completed its trial period and currently offers three routes.

The Dollar and Yuan compete for influence.

Israel adds Chinese RMB to Central Bank reserves for first time, cuts USD holdings

Israel, whose foreign currency reserves have traditionally been made up of Dollars, Euros and British Pounds, will add four new currencies – including the Chinese Yuan (RMB).

Seven shifts in the quest to make progress useful

A new business landscape is slowly coming into view.


Wall Street rally fuels shekel surge

The shekel-dollar rate is currently down 0.75% in comparison with yesterday's representative rate, at NIS 3.114/$. The shekel-euro rate is down 0.5%, at NIS 3.5149/euro.


New NIS 5 coin design thanks healthcare workers on COVID frontlines

The Bank of Israel intends to issue several millions of special edition coins to be distributed to the public through banks and the Israel Postal Company.

A copy of bitcoin standing on PC motherboard is seen in this illustration picture

Your taxes: Are bitcoins and other virtual currencies tax-exempt?

Israel Tax Authority issued a draft tax circular on January 11 that details its position on the taxation of activity in virtual currencies such as bitcoins.

TED talk Israel

At TEDx in Tel Aviv, talk of advancing crypto currencies like Bitcoin

Israeli-American entrepreneur Galia Benartzi was speaking at TEDxWhiteCity about the potential of the first-ever "people’s money."

Attorney-General Yehuda Weinstein

AG to create new regulator to fight international currency related crimes

Currency trading and related economic activity makes up NIS 150,000 billion per year.

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