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Bank of Israel Wins 2017 ‘Reserve Manager of the Year’ Award

19 Shevat 5777 – February 14, 2017
Last year the Bank of Israel won Central Banking magazine's "Transparency Award."

IMF Report: Israel Enjoying Solid Economic Growth, Low Unemployment

13 Shevat 5777 – February 9, 2017
Israel's economic growth is expected to hit 3.8% for 2016. Job creation is strong, at almost 3 percent in 2016 ( the US economy expanded at around 1.4% in 2016).

Bank of Israel Keeps Interest Rate Unchanged for January 2017

27 Kislev 5777 – December 26, 2016
The financial front in Israel is generally looking good, and the Bank of Israel wants to keep it that way, so no changes in January.

Bank of Israel: No Changes in Interest Rate for December

28 Heshvan 5777 – November 28, 2016
Good news for families who are buying homes or refinancing: no change in the interest rate next month.

Bank of Israel to Purchase $1.5B in 2017

14 Heshvan 5777 – November 14, 2016
The Bank of Israel announces it will purchase $1.5 billion in 2017 to offset the effect of natural gas production.

BOI Keeps Interest Rate Unchanged for September

26 Av 5776 – August 29, 2016
The Bank of Israel kept the interest rate unchanged for the month of September 2016.

Haredi Party Spearheading Effort to Protect Israeli Religious Charities from US...

1 Sivan 5776 – June 7, 2016
Using the US' enormous economic clout, FATCA bullies the world's financial institutions into reporting on their American clients to Uncle Sam.

Is Jerusalem Truly Israel’s Capital?

28 Iyyar 5776 – June 4, 2016
Since the international community relies on the 1947 UN partition plan regarding the legal status of Jerusalem, it refuses to recognize Israeli sovereignty over any part of the city.

Bank Leumi to Cut 10 Percent of Work Force

17 Iyyar 5776 – May 25, 2016
Bank Leumi plans to cut ten percent of its work force in a five-year reorganization plan submitted to Bank of Israel.

Shekel-Dollar Rate Sinks after Interest Rate Left Unchanged

12 Tishri 5776 – September 24, 2015
The shekel-dollar rate plummeted to 3.92 Thursday afternoon after the Bank of Israel announced it is leaving the interest rate unchanged next month. Before the...

Netanyahu, Kahlon Cut Taxes to Spur Sluggish Economy

20 Elul 5775 – September 3, 2015
Israel's sales and corporate taxes will be cut in order to spur a sluggish economy.

BFF

17 Sivan 5775 – June 3, 2015
Finance Minister Moshe Kachlon and Bank of Israel Governor Karnit Flug met today to discuss Israeli banking.

Shekel-Dollar Rate Hits Three-Year High at 4.01

15 Adar 5775 – March 6, 2015
The dollar was trading at 4.01 shekels shortly before noon Friday, the highest rate since 2012. The Bank of Israel reported Friday that it bought $1...

Dollar-Shekel Rate Breaks 4.0 Barrier

5 Shevat 5775 – January 25, 2015
This is the first time since 2012 that the dollar-shekel rate broke the 4.0 mark.

Bank of Israel Introduces New NIS 50 Note

16 Elul 5774 – September 10, 2014
The Bank of Israel has introduced a new fifty shekel note bearing the likeness of Russian-born Hebrew poet Shaul Tchernikovsky.

Bank of Israel May Pop the Bitcoin Bubble

20 Adar I 5774 – February 19, 2014
Economics 101 teaches that “money is money because it is money,” but a bitcoin may not always be a bitcoin.

Obama Plans to Name Stanley Fischer as Vice Chairman of the...

9 Tevet 5774 – December 11, 2013
The Obama administration is close to announcing that former Israel Bank Governor Stanley Fischer will take over the number two position at the Federal...

Karnit Flug Named as Governor of Bank of Israel

17 Heshvan 5774 – October 20, 2013
PM Netanyahu and Finance Minister Lapid announced that acting Bank of Israel Governor Karnit Flug will be appointed as the next governor. Flug will be...

BOI Governor Might be Named after Yom Kippur

8 Tishri 5774 – September 12, 2013
Following the fiascoes where Netanyahu's preferred choices for Bank of Israel governors couldn't be appointedt, the Turkel Committee vetted and approved three new candidates for the job.

Shekel-Dollar Rate Sinks Below 3.53

3 Elul 5773 – August 8, 2013
The American dollar’s worldwide weakness helped drive down the shekel-dollar rate to below 3.53 shekels to the dollar Thursday, the lowest level since September...

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